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Asaka Riken Co Ltd to acquire shares of TWINKLE METAL(M)SDN BHD

Friday, 7 Mar 2014 05:30am EST 

Asaka Riken Co Ltd:To acquire 5,580,000 shares of a Malaysia-based company, TWINKLE METAL(M)SDN BHD, which engages steel scrap business and aluminum scrap business, from two individuals for 47 million yen in total.Transaction to be conducted on April 8.To hold a 60 pct voting power in TWINKLE METAL(M)SDN BHD after the acquisition, up from 0 pct. 

Company Quote

-12.0 -0.60%
27 Feb 2015