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Yung Kong Galvanising Industries Bhd Completes Acquisition of Starshine Holdings Sdn Bhd


Wednesday, 24 Apr 2013 06:34am EDT 

Yung Kong Galvanising Industries Bhd announced that acquisition by the Company of the remaining 45.51% equity interest in starshine holdings sdn bhd (ssh) not already owned by ykgi, for a purchase consideration of rm16,611,579 to be satisfied via the issuance of 33,223,158 new ordinary shares of rm0.50 each in ykgi (ykgi shares or shares) at an issue price of rm0.50 per ykgi share. On behalf of the Board, AmInvestment Bank Berhad wishes to announced that the Acquisition has been completed. 

Company Quote

0.385
0.015 +4.05%
4:57am EDT