KUALA LUMPUR (Feb 3): Comintel Corp Bhd’s (Comcorp) wholly-owned subsidiary Comintel Sdn Bhd is proposing to acquire the balance 30% it does not own in Comlenia Sdn Bhd for RM540,000 from SELEX Sistemi Integrati S.p.A In Liquidazione.
In a filing with Bursa Malaysia today, it was revealed that Comintel had entered in a share purchase agreement with SELEX to acquire 450,000 shares, representing a 30% stake in Comlenia, in which it already holds a 70% stake.