SKP Resources to buy Tecnic for RM200m, confirms report

SKP Resources to buy Tecnic for RM200m, confirms report

Plastic products maker, SKP Resources will buy the entire business of smaller rival Tecnic Group Berhad for RM200 million. The proposed acquisition will be satisfied via RM100 million cash and an issuance of 172.4 million new shares in SKP at 58 sen per share.


User: Astro AWANI

Views: 1

Uploaded: 2017-12-06

Duration: 01:42

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