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Cb Industrial Product Holding Bhd Announces Acquisition Of 50% Equity Interest In Palmite Process Engineering Sdn Bhd By Cbip


Friday, 18 Oct 2013 05:03am EDT 

Cb Industrial Product Holding Bhd announced that the Company had acquired 1 ordinary share of MYR1.00 each in Palmite Process Engineering Sdn Bhd (PPE) representing 50% of the total issued and paid-up capital of PPE for a total cash consideration of MYR1.00 (Acquisition). In consequence thereof, PPE will become a wholly-owned subsidiary of CBIP. 

Company Quote

2.03
-0.01 -0.49%
4:50am EDT