Helm AG to be substantial shareholder of Ancom Nylex


PETALING JAYA: Integrated chemical group, Ancom Nylex Bhd, is proposing to undertake a private placement of up to 10% of its issued shares.

In a statement, Ancom Nylex said it had entered into a conditional placement agreement with Germany-based chemical firm, Helm AG, for the proposed private placement at an issue price of RM1 per Ancom Nylex.

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Ancom Nylex , Helm AG , private placement

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