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Texchem Resources Bhd Announces Acquisition Of Ordinary Shares Texchem Corporation Sdn. Bhd

Thursday, 16 May 2013 08:00pm EDT 

Texchem Resources Bhd (TRB) announced that it has proposed acquisition of 40 warrants and 1,208,630 ordinary shares of MYR1.00 each in Texchem Corporation Sdn. Bhd. (texcorp) by TRB from Texchem Holdings Sdn. Bhd. at the purchase consideration of MYR1,000,000 and MYR2,018,412.10 (at MYR1.67 per share) respectively. The Board of Directors of TRB announced that the Proposed Acquisition has been duly completed May 17, 2013. As such, Texcorp is a 55.80% owned subsidiary of TRB. 

Company Quote

0.01 +1.32%
29 Aug 2014