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Provider: Reuters Investment Profile
$20.00
Provider: Wright Reports
$449.00

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Koon Holdings Ltd To Acquire Entire Share Capital Of Malaysian Companies


Thursday, 13 Sep 2012 06:28pm EDT 

Koon Holdings Ltd announced that the ASLCPL and the Company have on September 13, 2012 entered into a share sale agreement (the SSA) being the Definitive S&P relating to the Acquisition. Pursuant to the SSA, the Company has agreed to acquire (the Acquisition) the entire issued share capital of the Malaysian Companies: Metro Coast Sdn. Bhd., Triumph Heights Sdn. Bhd., Unison Progress Sdn. Bhd, and Seven Star Development Sdn. Bhd. from ASLCPL. The Malaysian Companies collectively own the entire interests in the Malaysian Properties. Pursuant to the SSA, the consideration for the Acquisition is SGD 17 million. 

Company Quote

0.215
-0.0050 -2.27%
17 May 2013