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News Update : Purchase Stake In Two Companies
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Showing posts with label MBM Resources Berhad. Show all posts
Showing posts with label MBM Resources Berhad. Show all posts
Friday, October 15, 2010
MBM Resources Berhad : Purchase Stake In Two Companies-15/10/2010
Buying stake in two companies. The company announced yesterday that it is acquiring: 1) 70.1% (27m ordinary shares) in Kinabalu Motor Assembly S/B (KMASB) from Lion Corp Bhd and Lion Forest Industries Bhd; and 2) 100% of Lion Motor S/B (LMSB) from Silverstone Corporation Bhd, CEDR Consulting Sdn Bhd, Innovasi Istimewa Sdn Bhd and Range Grove Sdn Bhd. Both the acquisitions will cost RM16m.
MBM Resources Berhad : Purchase Stake In Two Companies-15/10/2010
MBM Resources Berhad : Purchase Stake In Two Companies-15/10/2010