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BRIEF-HIL Industries enters two conditional share sale deals

Reuters

Jan 16 (Reuters) - Hil Industries Bhd

* Unit through Satu Tunas Sdn Bhd and Hil Properties Sdn Bhd, on 16 January 2017 entered into two conditional share sale agreements

* First deal for proposed acquisition of A&M concrete products from Steven Junior Ng Kwee Leng, Malcolm Jeremy Ng Kwee Seng for 22 mln rgt

* Proposed acquisitions are expected to contribute positively to the future earnings of the group

* AMJ construction through Satu Tunas and Hil Properties entered into to acquire of entire equity interest in Show Piece

* Show Piece Sdn Bhd deal for a purchase consideration of 49 million rgt Source text (http://bit.ly/2jqPYt8) Further company coverage: