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SINGAPORE'S PNE INDUSTRIES ACQUIRES 43 PCT STAKE IN PNE PCB BHD.

Publication: AsiaPulse News

Publication Date: 06-FEB-01
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COPYRIGHT 2001 Asia Pulse Pty Ltd

SINGAPORE, Feb 6 Asia Pulse - PNE Industries Ltd said it has entered into an agreement to acquire 28,125,000 ordinary shares of RM1.00 each representing 43 percent of the issued capital of PNE PCB Berhad (KLSE:PNEB) from Print N Etch Pte Ltd.

PNE Industries will pay S$52 million (at...

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