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Scope Industries Berhad Announces Proposed Acquisition Of Pioneer Glow Sdn Bhd


Thursday, 1 Mar 2012 04:48am EST 

Scope Industries Berhad announced that it has entered into a conditional Share Purchase Agreement (SPA) with Wah Len Enterprise Sdn Bhd (WLE) to acquire 7,420,000 ordinary shares of MYR 1.00 each in Pioneer Glow Sdn Bhd (Pioneer), representing 70% of the issued and paid-up share capital of Pioneer (Sale Shares) for a total purchase consideration of MYR 28,700,000. 

Company Quote

0.31
-0.0050 -1.59%
23 May 2013