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Blumont Group Ltd Announces Completion Of Acquisition Of Entire Issued And Paid Up Share Capital Of Powerlite Ventures Limited

Tuesday, 23 Jul 2013 04:16am EDT 

Blumont Group Ltd. announced that with reference to its announcement dated July 17, 2013 in relation to the acquisition by the Company from Mr Lee Chai Huat of the entire issued and paid up share capital of Powerlite Ventures Limited (PVL) for a cash purchase consideration of USD7,875,000 (including the assignment of the Shareholder’s Loans of USD4,500,000). The Company announced that completion of the Acquisition has taken place. 

Company Quote

0.0010 +3.03%
17 Sep 2014