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Acquisitions And Disposals :: Discloseable Transaction :: Completion Of The Proposed Acquisition Of 100% Equity Stake In Astib Group PTY Ltd

BackJan 12, 2011
Title
  • COMPLETION OF THE PROPOSED ACQUISITION OF 100% EQUITY STAKE IN ASTIB GROUP PTY LTD
Acquisitions and Disposals
  • Discloseable Transaction
Description The Board of Directors of CSE Global Limited (the "Company") is pleased to announce that the proposed acquisition of 100% equity stake in ASTIB Group Pty Ltd ("ASTIB") through the Company's wholly-owned Australian subsidiary, CSE-Global (Australia) Pty Ltd has been completed (the "Completion") today.

Following the Completion, ASTIB became a wholly-owned subsidiary of CSE-Global (Australia) Pty Ltd and the Company.

Please refer to the Company's announcement on 27 December 2010 (Announcement no. 00009) for details of the proposed acquisition.


By Order Of The Board

Tan San-Ju
Company Secretary
12 January 2011