OTHERS CENTURY LOGISTICS HOLDINGS BERHAD (“CENTURY”) - ACQUISITION OF 100 % EQUITY INTEREST IN CENTURY ONSYS SDN. BHD. (FORMERLY KNOWN AS DWIALAM TEKNOLOGI SDN. BHD.)
|CENTURY LOGISTICS HOLDINGS BERHAD|
|Description||CENTURY LOGISTICS HOLDINGS BERHAD (“CENTURY”)|
- ACQUISITION OF 100 % EQUITY INTEREST IN CENTURY ONSYS SDN. BHD. (FORMERLY KNOWN AS DWIALAM TEKNOLOGI SDN. BHD.)
Following the above acquisition, Century Onsys Sdn. Bhd. (formerly known as Dwialam Teknologi Sdn. Bhd.) became a wholly-owned subsidiary of Century Logistics Sdn. Bhd.
2.. Financial Effects
The above acquisition does not have any material effects on the earnings per share, gearing and net assets per share of the Century Group.
3. Directors' and Major Shareholders' Interests
None of the directors and/or major shareholders of Century and/or persons connected to them, has any interests, direct or indirect in the above acquisition.
4. Statement of the Directors
The Board of Directors of Century is of the opinion that the above acquisition is in the best interest of Century.
This announcement is dated 8 September 2011.
|Company Name||CENTURY LOGISTICS HOLDINGS BERHAD|
|Date Announced||8 Sept 2011|