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Melati Ehsan Holdings Bhd Announces Acquisition Of 100% Equity Interest In Newstar Equity Sdn. Bhd
Melati Ehsan Holdings Bhd announced that the Company has on July 1, 2013 acquired two ordinary shares of RMB1 each representing 100% equity interest in Newstar Equity Sdn. Bhd. (Newstar) from Mr. Yap Kian Mun and Mr. Lim Boon Huay for a cash consideration of RMB2 only (the Acquisition), thus rendering Newstar to be a wholly owned subsidiary of the Company.
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