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SINGAPORE'S HUA KOK ACQUIRES 20% STAKE IN ALLGLASS INVESTMENTS.

AsiaPulse News

| May 01, 2001 | COPYRIGHT 2001 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

SINGAPORE, May 1 Asia Pulse - Hua Kok International Ltd has acquired Multi Marine Resources Pte Ltd's (MMR) 20 per cent equity interest in investment holdings company Allglass Investments Pte Ltd (AGI).

As of December 31 2000, AGI has an authorised capital of S$25 million (US$13.7 million), comprising 25 million ordinary shares of S$1 each and a paid-up capital of S$250,000.

Prior to the transaction, MMR owns a 50 per cent equity ...

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