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Provider: Wright Reports
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Adventa Berhad Announces Acquisition Of Luxencia (M) Sdn. Bhd

Tuesday, 2 Apr 2013 06:54am EDT 

Adventa Berhad announced that the Company had on March 31, 2013 re-organised the group structure by acquiring two ordinary shares of RMB1.00 each fully paid up in the capital of Luxencia (M) Sdn. Bhd. (Luxencia), representing 100% of the equity interest in Luxencia at a total purchase consideration of RMB2 from Electron Beam Sdn. Bhd., a wholly owned subsidiary of the Company. Following the Acquisition, Luxencia has become a direct wholly owned subsidiary of the Company. The re-organisation is to streamline the group structure of the Company. 

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11 Sep 2014