| The Board of Directors is pleased to announced that the Group has entered into a definitive sales and purchase agreement to acquire 100% of Control Concepts & Technology Corporation ("CCT") for an aggregate purchase consideration of US$11,500,000 from Carl Comeaux and Jennifer Lynn Nelson Comeaux (collectively known as "the Sellers"). The detail of the transaction was announced on August 5 2002.
The acquisition would constitute a discloseable transaction for the purpose of Chapter 10 of the Listing Manual. Submitted by Tan Mok Koon, Director on 08/08/2002 to the SGX |
| Published: Thursday, 8 August 2002 |
| Publication: SGX |
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