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TransAKT Ltd Announces Sale Of Taiwan Halee International Co Ltd


Tuesday, 8 Jan 2013 05:22pm EST 

TransAKT Ltd announced that it has entered into a definitive agreement under which TransAKT will sell its wholly owned subsidiary Taiwan Halee International Corporation (HTT), for the sum of $1.8 million. The purchase price is being paid by the delivery to TransAKT of 45,000,000 common voting shares of TransAKT Ltd. previously issued in connection with the acquisition of HTT in 2006, with a deemed value of $0.04 per share. 

Company Quote

0.075
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29 Oct 2014