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Shanghai Ya Tong subsidiary to acquire 90 pct stake in Shanghai-based real estate company

Tuesday, 5 Aug 2014 08:00pm EDT

Shanghai Ya Tong Co Ltd:Says its subsidiary will acquire 90 pct stake in a Shanghai-based real estate company (target company), from a Shanxi-based engineering construction company.Transaction price no disclosed.The subsidiary to hold 100 pct stake in the target company, after the transaction.

Mudajaya Group Bhd's Mudajaya Corporation Berhad acquired remaining shares in IKMSB

Wednesday, 16 Jul 2014 08:00pm EDT

Mudajaya Group Bhd:Says Mudajaya Corporation Berhad (MCB), wholly-owned subsidiary of the Company, has on July 17 acquired remaining 1,000 ordinary shares of 1.00 Ringgit in Indah Kirana (M) Sdn. Bhd (IKMSB), subsidiary of MCB.Says for total consideration of 1,000.00 Ringgit only from Encik Sy Ahmad Bokharey Bin Syed Omar.As at July 17, IKMSB has total issued and paid-up share capital of 4,000 ordinary shares of 1.00 Ringgit each.Prior to acquisition, MCB held total of 3,000 ordinary shares of 1.00 Ringgit each in the share capital of IKMSB, representing 75 pct of equity interest in IKMSB.Pursuant to acquisition, equity interest of MCB in IKMSB increased from 75 pct to 100 pct, resulting in IKMSB becoming wholly-owned subsidiary of MCB, and in turn wholly-owned subsidiary of Mudajaya.

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Provider: Edison Investment Research
$10.00
Provider: Edison Investment Research
$10.00
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$75.00
Provider: GlobalData
$125.00
Provider: GlobalData
$125.00

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