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Formosa Prosonic Industries Berhad Acquires Energistic Sdn Bhd


Wednesday, 14 Nov 2012 05:10am EST 

Formosa Prosonic Industries Berhad (FPI) announced that the Company has on November 12, 2012 acquired additional 600,000 ordinary shares of MYR 1.00 each, representing 30% of the issued and paid-up share capital in Energistic Sdn Bhd (Energistic), a subsidiary of FPI, from a non-related third party for a total cash consideration of MYR 858,000.00. Upon the completion of the above acquisition of shares, Energistic shall become a wholly-owned subsidiary of FPI. 

Company Quote

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4:37am EDT