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Ho Wah Genting Bhd Announces Acquisition Of 100% Equity Interest In Rex Oriental Sdn Bhd

Wednesday, 2 Oct 2013 05:40am EDT 

Ho Wah Genting Bhd announced that the Company had on October 2, 2013 entered into a Share Sale and Purchase Agreement with Mr. Quek Wang and Mr. Liew Jenn Lim to acquire from the Vendors the entire issued and paid-up share capital of 400,000 ordinary shares of MYR1.00 each in Rex Oriental Sdn Bhd for a cash consideration of MYR3,000,000. Upon the completion of the Proposed Acquisition, ROSB will become a wholly-owned subsidiary of the Company. The Proposed Acquistion is expected to be completed by October 2013. 

Company Quote

24 Apr 2015