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E28 Frencken News Story

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Brief: Frencken Group says unit entered into a share sale agreement with Valeo Bayen

Jan 13 (Reuters) - Frencken Group Ltd  FREN.SI - 
    * Unit entered into a share sale agreement with Valeo Bayen 
    * Consideration for sale shares shall be an amount 
equivalent to rm128 million 
    * Unit to sell to Valeo 168.2 million shares, representing 
entire issued and paid-up share capital of Precico Electronics 
Sdn Bhd 
 
Source text for Eikon:  ID:nSNP8rDL  
Further company coverage:  FREN.SI  
 
 ((Bangalore.newsroom@thomsonreuters.com;))

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