Can-One completes Kian Joo stake buy


PETALING JAYA: Can-One Bhd has completed its acquisition of a 32.9% stake in Kian Joo Can Factory Bhd for a cash consideration of RM241.12mil.

In a statement to Bursa Malaysia, Can-One said that its acquisition of 146.13 million shares in the latter was completed after all the conditions in the conditional share sale agreement dated March 23, 2009, had been fulfilled.

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