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Huat Lai Resources Berhad Acquires PT Lestari Agribisnis Indonesia


Friday, 7 Dec 2012 04:52am EST 

Huat Lai Resources Berhad announced that the Company had on December 7, 2012 entered into a Sale of Shares Agreement to acquire IDR2,000,000,000.00 comprising 2,000 ordinary shares of IDR1,000,000 each in PT Lestari Agribisnis Indonesia representing 70% equity interest in PT Lestari Agribisnis Indonesia for a total purchase consideration of IDR280,000,000(equivalent to approximately MYR91,000.00 calculated at the exchange rate of RM1.00 to IDR3,076.92). 

Company Quote

2.6
0.1 +4.00%
21 Aug 2014