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GP Batteries International Ltd Announces Increase Of Shareholding In Subsidiary


Tuesday, 8 Jan 2013 04:35am EST 

GP Batteries International Ltd announced that the Company has acquired an additional 30% equity interest in GP Battery Marketing (Malaysia) Sdn Bhd (GPBMM) from a third party (the Acquisition) making GPBMM a wholly-owned subsidiary of the Group. The aggregate value of the consideration for the Acquisition was MYR1.3 million (approximately SGD524,000), paid in cash on completion, was arrived at on a willing buyer willing seller basis. 

Company Quote

0.76
-0.01 -1.30%
19 Sep 2014