Komarkcorp to sell Thai subsidiary for RM9.1mil


In a filing with Bursa Malaysia yesterday, Komarkcorp said upon completion of the SSA, Komark Thailand will cease to be a subsidiary of GLLM and indirect subsidiary of Komarkcorp.

PETALING JAYA: Komarkcorp Bhd’s wholly owned subsidiary, General Labels & Labelling (M) Sdn Bhd (GLLM), has entered into a share sale agreement (SSA) with D’Nonce Technology Bhd for the disposal of 99.9991% of the issued share capital in Komark (Thailand) Co Ltd for RM9.1mil.

In a filing with Bursa Malaysia yesterday, Komarkcorp said upon completion of the SSA, Komark Thailand will cease to be a subsidiary of GLLM and indirect subsidiary of Komarkcorp.

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KamaCorp , Bursa Malaysia , Komark Thailand , GLLM

   

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