Nylex board accepts Ancom’s offer


Ancom Bhd group chief executive officer Lee Cheun Wei said the next step would be to obtain approval by the respective listed company’s shareholders at EGMs to be convened.

KUALA LUMPUR: Manufacturer and supplier of agricultural and industrial chemicals Ancom Bhd’s proposed acquisition of all the assets and liabilities of Nylex (M) Bhd has been accepted by the board of directors of Nylex.

Ancom Bhd group chief executive officer Lee Cheun Wei said the next step would be to obtain approval by the respective listed company’s shareholders at EGMs to be convened.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Ancom , buy , Nylex , shares , Lee Chuen Wei ,

   

Next In Business News

Industrial projects look increasingly attractive
Dutch Lady’s balancing act amid escalating costs
Demand for co-working space remains resilient
Fed dampens hopes for rate cut
F&N to use cost management measures
Changing office space requirements
Naza makes entry into green economy
CapBay aims to provide financing to more SMEs
New initiative for infrastructure needs in Perak
Ocean Fresh seeks ACE Market listing

Others Also Read