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Provider: Wright Reports
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Provider: Affin Investment Bank

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Parkson Holdings Berhad Announces Acquisition Of Subsidiaries

Friday, 25 Jan 2013 05:04am EST 

Parkson Holdings Berhad announced that Dyna Puncak Sdn Bhd, a wholly-owned subsidiary of the Company, had on January 25, 2013 acquired the entire issued and paid-up capital of Gema Binari Sdn Bhd (Gema Binari) for a cash consideration of MYR2.00. Gema Binari is the legal and beneficial owner of the entire equity interest in Dimensi Armani Sdn Bhd (Dimensi Armani). Consequent thereupon, Gema Binari and Dimensi Armani (collectively referred to as the New Companies) became wholly-owned subsidiaries of the Company. 

Company Quote

0.06 +2.40%
3:29am EDT