Megachem Increases Investment in Subsidiary

MT Newswires

2024/12/02

Megachem (SGX:5DS) increased its investment in its subsidiary, Megachem Raya, by acquiring an additional 70,000 shares for SG$766,874 from an existing minority shareholder, a filing with the Singapore Exchange said on Friday.

Following the acquisition of these shares, the company's total stake in the subsidiary has increased from 74% to 83%.

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