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Silk Holdings to buy AQL Aman.

Business Times (Malaysia)

| November 25, 2008 | COPYRIGHT 1999 Financial Publications Sdn Bhd. (Hide copyright information)Copyright

SILK Holdings Bhd, formerly known as Sunway Infrastructure Bhd, plans to buy AQL Aman Sdn Bhd for RM87.5 million in a bid to lift itself from its Practice Note 17 status. In a filing to Bursa Malaysia yesterday, Silk Holdings said the proposed acquisition will be satisfied by the issuance of RM175 million consideration shares, RM43.75 …

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