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eFeedLink - Ancom subsidiary to acquire 80% stake in Shennong Animal Health

eFeedLink - Ancom subsidiary to acquire 80% stake in Shennong Animal Health
efeedlink.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from efeedlink.com Daily Mail and Mail on Sunday newspapers.

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Ancom set to expand agriculture chemicals business via RM23 9m Shennong acquisition | Money

KUALA LUMPUR, Dec 28 Ancom Berhad has today expanded its wings in the agricultural chemicals industry after acquiring two livestock chemical businesses under Shennong Group for a total of RM23.9 million. Through its wholly-owned subsidiary Ancom Crop Care Sdn Bhd, it will now own 80 per cent.

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Ancom 1Q net profit up by nearly three times on better showing by both chemicals segments

Ancom Bhd’s net profit surged 195.42% to RM9.04 million for the first quarter ended Aug 31, 2021, from RM3.06 million a year earlier, on strong revenue contribution from both its agricultural and industrial chemicals segments. Earnings per share rose to 3.7 sen from 1.28 sen, the group’s filing with Bursa Malaysia showed

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Ancom s acquisition of Nylex green-lit during shareholder EGM | Money

KUALA LUMPUR, Oct 26 Ancom Bhd said its shareholders have agreed to its proposal to fully acquire Nylex (Malaysia) Bhd for RM179.3 million, during an extraordinary general meeting today. The acquisition will include a net payment of RM96.7 million in order for Ancom to acquire the remainder of.

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Ancom, Nylex down on proposed acquisition of latter s assets, liabilities

Ancom, Nylex down on proposed acquisition of latter s assets, liabilities The Edge 5 hrs ago Chong Jin Hun © Provided by The Edge KUALA LUMPUR (April 30): Share prices of Ancom Bhd and 50.27%-owned associate Nylex (Malaysia) Bhd fell in morning trade on Bursa Malaysia today after Ancom announced on Wednesday its proposed acquisition of Nylex’s assets and liabilities for RM179.29 million or RM1 a share. At the time of writing today, Ancom Bhd’s share price had fallen two sen or 1.19% to RM1.66, while Nylex was down by seven sen or 7.73% at 83.5 sen. More to come

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