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Oxley Holdings Ltd Announces Acquisition Of Subsidiaries In Malaysia


Wednesday, 12 Jun 2013 05:34am EDT 

Oxley Holdings Ltd announced that the Group’s wholly-owned subsidiary, Oxley Malaysia Pte. Ltd., has acquired two subscriber ordinary shares of par value MYR1 each in Oxley Holdings (Malaysia) Sdn. Bhd, a company incorporated in Malaysia, for a total consideration of MYR2 from Mr. Ching Chiat Kwong and Mr. Low See Ching, the Directors and controlling shareholders of the Company. To facilitate the incorporation of Oxley Holdings Malaysia, Mr. Ching and Mr. Low had subscribed for the subscriber shares on behalf of the Group. The acquisition of Oxley Holdings Malaysia was funded by internal resources. 

Company Quote

0.66
-0.01 -1.49%
29 Aug 2014