Luster signs MoU with Citi-Champ of Hong Kong

PETALING JAYA: Plastics manufacturer Luster Industries Bhd has entered into a memorandum of understanding (MoU) with Citi-Champ International Ltd in relation to the proposed disposal by Citi-Champ and acquisition by Luster of a certain percentage of Citi-Champ’s shares in New Harvest Asia Investment Ltd for a certain purchase consideration to be determined later.

The company in question, New Harvest, is in the process of acquiring SS Ventures Ltd, a start-up focused on providing taxi hailing technology services.

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Business , Luster , SS Ventures , taxi , hailing , Citi-Champ , Hong Kong ,

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FBM KLCI

1526.52

12.87

0.84%

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23,699,919

FBMKLCI
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1514.08

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1526.52
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1478.84

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1685
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  • SymbolOpenHighLowLastChg%ChgVol ('00)
    HSI-PWD1 0.205 0.220 0.190 0.205 0.0105.131,282,318
    HSI-CWCY 0.125 0.125 0.100 0.115 -0.030-20.691,238,966
    HSI-CWEJ 0.140 0.140 0.120 0.135 -0.015-10.001,116,045
    VELOCITY 0.095 0.105 0.075 0.085 -0.005-5.56853,444
    HSI-PWFR 0.185 0.195 0.175 0.185 0.0105.71800,276
    HSI-PWD6 0.170 0.170 0.150 0.170 0.02013.33780,949
    HSI-CWCM 0.095 0.115 0.080 0.095 -0.035-26.92573,641
    T7GLOBAL 0.410 0.440 0.315 0.320 -0.180-36.00560,084
    TAWIN 0.030 0.030 0.020 0.025 -0.005-16.67549,185
    HSI-CWEO 0.110 0.125 0.105 0.115 -0.020-14.81503,004
    HSI-PWFJ 0.210 0.215 0.200 0.205 0.0052.50365,710
    PBBANK 4.440 4.450 4.360 4.390 -0.030-0.68327,063
    INSAS-WC 0.045 0.060 0.045 0.060 0.01533.33289,856
    HSTECH-H17 0.075 0.075 0.065 0.070 0.0000.00240,005
    CIMB 6.990 7.160 6.970 7.140 0.1402.00235,916

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