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ITE Electric Co Ltd Acquires Morgra Investments Limited


Friday, 2 Nov 2012 06:38am EDT 

ITE Electric Co Ltd announced that the Company has acquired the entire issued shares in the registered share capital of Morgra Investments Limited (Morgra), a shelf company, from Offshore Incorporations Limited, the duly appointed registered agent of Morgra, for a total cash consideration of $1,000 (the Acquisition). Pursuant to the Acquisition, Morgra has become a wholly-owned subsidiary of the Company. 

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