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Senior Plc announces acquires operations in Malaysia & China

Monday, 10 Mar 2014 03:00am EDT 

Senior Plc:Enters into an agreement to acquire 100 pct of the issued share capital of UPECA Technologies Sdn. Bhd. for an expected aggregate consideration of 415 mln ringgit (75.5 mln pounds) from Millennium Arena Sdn. Bhd., a holding company for UPECA's private shareholders.The acquisition is expected to complete towards the end of mar following receipt of the customary consents required for such a transaction.The acquisition will be funded using the company's cash and existing borrowing facilities. 

Company Quote

5.2 +1.79%
19 Dec 2014