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BRIEF-United Malacca BHD to purchase Clifton Cove Pte Ltd for US$7.2 MLN
October 17, 2017 / 11:08 AM / 2 months ago

BRIEF-United Malacca BHD to purchase Clifton Cove Pte Ltd for US$7.2 MLN

Oct 17 (Reuters) - United Malacca Bhd

* Entered deal with Dalvey Star, Clifton Cove Pte, Pt Bintang Gemilang Permai & Pt Wana Rindang Lestari

* Deal for purchase of Clifton, which will hold 60% Pt Wana Rindang Lestari stake, for cash consideration of US$7.2 million

* Proposed acquisition not expected to have material impact on the earnings and EPS of the UMB Group for the FY ending 30 April 2018‍​ Source text : [bit.ly/2kVmm9J] Further company coverage:

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