Which three companies form the Hung Tai Group being acquired?

Question

Accepted Answer

The Hung Tai Group comprises Hung On Thong Mini Supermarket, Hung Tai Enterprise, and Kilang Mee Ban Soon.

Life Water Bhd is acquiring a 90 per cent equity interest in the Hung Tai Group for RM46.8 million. This group is composed of three distinct companies based in Sabah.
Hung On Thong Mini Supermarket Sdn Bhd

The acquisition includes Hung On Thong Mini Supermarket Sdn Bhd (HOTMS) as part of the Hung Tai Group. This company represents one of the entities being acquired by Life Water.
Hung Tai Enterprise (Sabah) Sdn Bhd

Hung Tai Enterprise (Sabah) Sdn Bhd (HTE) is another core component of the Hung Tai Group. Life Water's proposed acquisition encompasses shares in HTE.
Kilang Mee Ban Soon Sdn Bhd

The third company forming the Hung Tai Group is Kilang Mee Ban Soon Sdn Bhd (KMBS). The share sale agreement includes the acquisition of KMBS shares.

Reading history

Hide →

This history is cleared when the page is closed.

Which three companies form the Hung Tai Group being acquired?

Loading

Was this article helpful?

Helpful

Not helpful

Report an issue

2

0

0

Share with friends