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艾森股份:拟1400万林吉特收购INOFINE 80%股权

Eason Group: Intends to acquire 80% equity of INOFINE for 14 million ringgit.

Breakings ·  Sep 30 17:27

Eisen Corporation announced that the company plans to use its own funds to acquire 80% equity of INOFINE CHEMICALS SDN BHD with 14 million ringgit through its subsidiary in Singapore. After the transaction is completed, INOFINE will become a subsidiary of the company and be included in the consolidated financial statements. This transaction has been reviewed and approved by the company's board of directors and does not require a shareholder meeting. The acquisition does not constitute a major asset restructuring. At the same time, the transaction needs to go through relevant overseas investment approval processes, which involves some uncertainties. The company will take measures to ensure smooth integration after the transaction and guard against exchange rate risks.

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