Source: Ancom in bid to fully acquire Nylex | Money : vimars

Source: Ancom in bid to fully acquire Nylex | Money


Wednesday, 28 Apr 2021 12:53 PM MYT
BY JERRY CHOONG
Ancom's latest closing share price stood at RM1.68 for a market capitalisation of about RM406.16 million while Nylex's latest closing share price stood at 90.5 sen for a market value of about RM162.26 million, prior to the suspension. — Picture by Azneal Ishak
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KUALA LUMPUR, April 28 — Ancom Berhad has offered to purchase all of Nylex (Malaysia) Berhad's assets and liabilities, increasing its stake in the company.
The Edge reported a source familiar with the plans as saying that a letter of offer has been issued to Nylex's board of directors to purchase 100 per cent of its assets and liabilities.

Related Keywords

Kuala Lumpur , Malaysia , Datuk Siew Ka Wei , Ancom Berhad , Azneal Ishak , Azneal Ishak Ancom , , Ancom Logistics Bhd , Nylex Malaysia , குவாலா லம்பூர் , மலேசியா ,

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