Texchem to dispose of 51% stake in Acumen Scientific for RM4.28m - Business News - News Summed Up

Texchem to dispose of 51% stake in Acumen Scientific for RM4.28m - Business News


KUALA LUMPUR: Texchem Resources Bhd has entered into a share purchase agreement and shareholders' agreement with a US-based company to dispose of 51% stake in Acumen Scientific Sdn Bhd for RM4.28mil.In a filing with the stock exchange, Texchem said the sale to Merieux Nutrisciences Corp was to dispose of a non-core operating subsidiary while unlocking the value of its investment in the company.


Source: The Star March 15, 2019 06:56 UTC



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