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Rowsley Ltd Announces Acquisition Of Vantage Bay JB Sdn. Bhd


Monday, 12 Aug 2013 05:45am EDT 

Rowsley Ltd announced that the Company has acquired the entire issued and paid-up share capital of Vantage Bay JB comprising 2 ordinary shares of MYR1 each from its initial subscribers, Tay Weng Hwee and Aaron Gerard Sankar, for an aggregate consideration of MYR2. Following the acquisition, Vantage Bay JB became a wholly-owned subsidiary of the Company. At the same time, the Company has also subscribed for an additional 249,998 ordinary shares of MYR1.00 each in Vantage Bay JB thereby increasing its issued and paid-up share capital to MYR250,000 comprising 250,000 ordinary shares of MYR1 each. 

Company Quote

0.193
-0.0020 -1.03%
28 Apr 2015