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Categories
| Grand-Flo’s 11m new shares to list March 6 |
| Business & Market 2009 | |||
| Written by Joseph Chin | |||
| Thursday, 05 March 2009 16:47 | |||
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KUALA LUMPUR: Grand-Flo Solution Bhd’s additional 11.39 million new shares arising from the acquisition of CL Solutions (China) Ltd, will be listed and quoted on March 6. A Bursa Malaysia Securities statement issued on March 5 said the acquisition price was for HK$25 million which was satisfied by cash and issuance of 11.39 million new 10 sen Grand-Flo shares at 42 sen per share. The Mesdaq-listed Grand-Flo shares were untraded at 32.5 sen.
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