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Provider: Affin Hwang Investment Bank Bhd

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Star Publications (Malaysia) Bhd Announces Acquisition Of Venus Agency Sdn Bhd

Monday, 2 Sep 2013 08:00pm EDT 

Star Publications (Malaysia) Bhd announced that it has on September 03, 2013 acquired two ordinary shares of MYR1.00 each representing 100% equity interest in Venus Agency Sdn Bhd for a total cash consideration of MYR2.00 only (the Acquisition). Venus Agency Sdn Bhd was incorporated on June 19, 2013 under the Malaysian Companies Act 1965 as a private company limited by shares, having an authorised share capital of MYR400,000.00 divided into 400,000 ordinary shares of MYR1.00 each, of which two ordinary shares of MYR1.00 each have been issued and fully paid-up. The intended principal activity of Venus Agency Sdn Bhd is to carry on the business of advertising agency. 

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