|
The Board of Directors of K-One Tech is pleased to announce that K-One Tech has on 24 July 2008 acquired Five Thousand and One Hundred (5,100) ordinary shares of RM1.00 each representing 51% of the total issued and paid-up capital of K-ONE SYSTEMS SDN. BHD. ("K-One Systems") for a cash consideration sum of RM5,100.00 only ("the Acquisition"). Upon the Acquisition, K-One Systems becomes a 51%-owned subsidiary of K-One Tech.
The principal activity of K-One Systems Sdn Bhd is to design, develop, engineer, integrate, inspect, test, install and commission on-line condition performance monitoring and data acquistion systems applicable to the oil and gas and other industrial process industries.
|
You’re now visiting > Home > News > News Article