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telegram搜索不到(www.tel8.vip):Komarkcorp to sell Komark (Thailand) for RM9.1mil

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KUALA LUMPUR: Komarkcorp Bhd’s wholly owned subsidiary General Labels & Labelling (M) Sdn Bhd (GLLM) has entered into a share sale agreement (SSA) with D’Nonce Technology Bhd for the disposal of 99.9991% of the issued share capital in Komark (Thailand) Co Ltd for RM9.1mil.

In a filing with Bursa Malaysia, Komarkcorp said upon completion of the SSA, Komark Thailand will cease to be a subsidiary of GLLM and indirect subsidiary of Komarkcorp.

Komark Thailand is principally involved in the manufacturing and selling of self-adhesive labels according to specifications and designs instructed by its customers.

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Komarkcorp said the purchase consideration of RM9.1mil shall be fully satisfied by the allotment and issuance of 58.7 million new D’Nonce ordinary shares at the issue price of RM0.155 for each new D’Nonce shares.

“The proposed disposal is undertaken for the purpose of streamlining operations to concentrate on local operations (Klang Valley and Johor).

“In the previous 12 months, the group has disposed of its Singapore and Indonesia operations to focus on local exposure.

“This move is part of the group's Covid 19 management strategy to ease the burden of cross border management for manufacturing business which requires intensive operational scrutiny,” it said.


转载说明:本文转载自Sunbet。

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  • 2022-11-18 00:29:32

    "Price-wise, we may be losing to Indonesia. However, our ports efficiency that is better than Indonesia will provide us some advantages,” he said, citing forex speculative play by traders and the movement of ringgit versus the US dollar would also weigh on buying next week.我就看看不说话

  • 2023-01-03 01:15:58

    KUALA LUMPUR: Lembaga Tabung Haji (TH) has strengthened its investment in the real estate market overseas after finalising the negotiations to purchase a building in London on July 12.挺好的,要自信