Corporate Announcement
Security Code : 532548    Company : CENTURYPLY    
 
Updates on AcquisitionDownload PDF Download XBRL
  Exchange Received Time  28/08/2017 17:45:33         Exchange Disseminated Time   28/08/2017 17:45:39              Time Taken   00:00:06
This is to inform you that the Company's Subsidiary Century Ply (Singapore) Pte. Ltd. in Singapore has acquired further 2% stake in M/s. Huesoulin Wood Processing Factory Co. Ltd., Laos, thereby increasing its aggregate shareholding from 49% to 51%.

Further the name of M/s. Huesoulin Wood Processing Factory Co. Ltd. has also been changed to M/s. Century Huesoulin Plywood Lao Co. Ltd. Consequent upon this acquisition, M/s. Century Huesoulin Plywood Lao Co. Ltd. has become a step-down subsidiary of Century Plyboards (India) Ltd.

M/s. Century Huesoulin Plywood Lao Co. Ltd. is engaged in manufacturing and trading in plywood, veneer & all wood products and providing related services.

This is for you information and record.
 

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