Advertisement
Singapore markets closed

  • Straits Times Index

    3,280.10
    -7.65 (-0.23%)
     

  • Nikkei

    37,934.76
    +306.28 (+0.81%)
     

  • Hang Seng

    17,651.15
    +366.61 (+2.12%)
     

  • FTSE 100

    8,118.09
    +39.23 (+0.49%)
     

  • Bitcoin USD

    64,180.79
    +210.08 (+0.33%)
     

  • CMC Crypto 200

    1,385.28
    -11.25 (-0.81%)
     

  • S&P 500

    5,048.42
    -23.21 (-0.46%)
     

  • Dow

    38,085.80
    -375.12 (-0.98%)
     

  • Nasdaq

    15,611.76
    -100.99 (-0.64%)
     

  • Gold

    2,357.50
    +15.00 (+0.64%)
     

  • Crude Oil

    84.10
    +0.53 (+0.63%)
     

  • 10-Yr Bond

    4.7060
    +0.0540 (+1.16%)
     

  • FTSE Bursa Malaysia

    1,575.16
    +5.91 (+0.38%)
     

  • Jakarta Composite Index

    7,036.08
    -119.22 (-1.67%)
     

  • PSE Index

    6,628.75
    +53.87 (+0.82%)
     

BRIEF-Guan Chong announces acquisition of 100 pct equity interest in Koko Budi

Reuters

June 28 (Reuters) - Guan Chong Bhd:

* Entered into a sale of shares agreement with Soh Peck Lay, Soh Chee Siong and Soh Bok Yew & Sons Sdn

* Deal for acquisition of 100 pct of total issued and paid-up share capital of Koko Budi Sdn. Bhd at 17 million rgt

* Acquisition is not expected to have material effect on earnings of the GCB Group for the financial year ending 31 December 2017

* Acquisition is expected to contribute positively to GCB group's earnings and profit in future Source text (http://bit.ly/2t0wI8N) Further company coverage: