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530871 Chembond Material Technologies News Story

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Brief: Chembond Chemicals to acquire 49 pct stake in JV co in Malaysia

Jan 10 (Reuters) - Chembond Chemicals Ltd  CHEM.BO  
    * Says entering into a share purchase agreement for 
acquisition of additional 49% shares in joint venture company 
    * Says joint venture (JV) agreement with I-Chem Solution SDN 
BHD, Malaysia stands terminated 
    * Says post fulfillment of necessary terms, company would 
hold 100% of equity share capital of I Chembond Water Sdn Bhd, 
Malaysia 
 
Source text: (http://bit.ly/2ibJ9aD) 
Further company coverage:  CHEM.BO  
 
 ((Bangalore.newsroom@thomsonreuters.com;))

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