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Industronics Bhd Announces Disposal Of 55% Equity Interest In Dasar Spektrum (M) Sdn. BHD
Industronics Bhd announced that it has on July 01, 2013 entered into a Sale and Purchase of Shares Agreement to dispose of the 55% equity interest in Dasar Spektrum (M) Sdn. Bhd. (Company No. 226090-T) (DSSB), a subsidiary of the Company, comprising 110,000 ordinary shares of RM1.00 each (Sale Shares), to Goh Pick Ting (NRIC 670131-06-5131) (the Purchaser) for a cash consideration of RM1.00 only (the Disposal). Upon completion of the Disposal, DSSB will cease to be a subsidiary of the Company.
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