Ancom group CEO Lee Cheun Wei said that through the consolidation exercise, the group would become a much larger and stronger chemical entity with interest spanning across agrichemical and industrial chemical business in Malaysia as well as the world market.
PETALING JAYA: Ancom Bhd
has made an offer to buy all the assets and liabilities of Nylex (M) Bhd for RM179.3mil, translating into RM1 per Nylex share.
At the moment, Ancom owns 90.13 million shares or a 50.27% stake in Nylex.
Yesterday, both Ancom and Nylex stocks were suspended from trading pending the announcement.
...
The content is a snapshot from Publisher. Refer to the original content for accurate info. Contact us for any changes.
Related Stocks
Comments