Annica Holdings has said that it has entered into a non-binding memorandum of understanding (MOU) to acquire an approximately 25.79 percent interest in Green Pluslink Sdn Bhd (GPL), which is the new owner of a waste tyre pyrolysis plant located at Tanjong Malim, Perak, West Malaysia.
Annica said it will pay up to S$4.2 million for the GPL shares in a mixture of issuance of ordinary shares in Annica and promissory notes, depending on the structure to be agreed between the parties under a definitive agreement.
At the same time, Annica announced the mutual termination of an agreement for Annica...
Annica said it will pay up to S$4.2 million for the GPL shares in a mixture of issuance of ordinary shares in Annica and promissory notes, depending on the structure to be agreed between the parties under a definitive agreement.
At the same time, Annica announced the mutual termination of an agreement for Annica...
