Hap Seng Auto acquires 35% stake in Hap Seng Star - MarketLine Financial Deals

Hap Seng Auto acquires 35% stake in Hap Seng Star

Hap Seng Auto acquires 35% stake in Hap Seng Star - MarketLine Financial Deals
Hap Seng Auto acquires 35% stake in Hap Seng Star
Published Dec 07, 2011
2 pages — Published Dec 07, 2011
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Abstract:

Hap Seng Auto Sdn. Bhd., a dealer of Mercedes-Benz logging trucks, general-purpose trucks and buses, has acquired 11,725,000 ordinary shares, representing a 35% stake, in Hap Seng Star Sdn Bhd, a trader of motor vehicles and spare parts, from Great Horizon Limited for MYR41.38 million ($13.4 million).

  
Source:
Document ID
MA91506_111214
Country
Country
Ticker
3034=MY
Company
Format:
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MarketLine Financial Deals—MarketLine Financial Deals – Identifying and tracking major financial activity across our full scope of company and sector coverage, MarketLine Financial Deals covers mergers & acquisitions, private equity/venture capital backed buyouts, investments, and exits, IPOs and secondary and follow on offerings, and private placements and exits. Additional non-corporate financial deals including partnership agreements, joint ventures, co-development and research, licensing and co-marketing agreements are also available.

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MLA:
MarketLine Financial Deals. "Hap Seng Auto acquires 35% stake in Hap Seng Star" Dec 07, 2011. Alacra Store. Dec 03, 2016. <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/Hap-Seng-Auto-acquires-35-stake-in-Hap-Seng-Star-2052-74788>
  
APA:
MarketLine Financial Deals. (2011). Hap Seng Auto acquires 35% stake in Hap Seng Star Dec 07, 2011. New York, NY: Alacra Store. Retrieved Dec 03, 2016 from <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/Hap-Seng-Auto-acquires-35-stake-in-Hap-Seng-Star-2052-74788>
  
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