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China Private Equity Investment Holdings Ltd Announces Investment In Asia Bioenergy Technologies Berhad


Monday, 23 Sep 2013 06:02am EDT 

China Private Equity Investment Holdings Limited announced that it has agreed to acquire a further 50 million shares in Asia Bioenergy Technologies Berhad (ABT) (ABT shares) together with warrants for an additional 50 million ABT shares pursuant to a one-for-one rights issue with warrants proposed by ABT (the "Rights Issue"). CPE announced on May 8, 2013 it had invested MYR3.5 million (approximately USD1.1 million) in the purchase of 50 million ABT shares, and as a result has a current 11.9% holding in ABT. 

Company Quote

0.065
-0.0050 -7.14%
3 Jul 2015