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;))