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Kulim (Malaysia) Bhd Announces Acquisition Of 60% Equity Interest In Danamin Sdn Bhd

Thursday, 27 Jun 2013 12:00pm EDT 

Kulim (Malaysia) Bhd announced that the Company has acquired 60% equity interest in Danamin Sdn Bhd (Danamin) at purchase consideration of MYR10,494,690 (proposed acquisition) and subscription of 2,400,000 new Danamin shares of MYR1.00 each for MYR2,400,000 (proposed subscription).