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Layar Meriah(M)Sdn Bhd &
MCM Technologies Bhd
Update Date: 08/27/08
Date Announced: 12/28/05
Value (million $USD): n/a
Status: Completed
TRANSACTION DETAILS
Date Announced12/28/05
Date Originally Announced12/28/05
FormatMergerAcquisition techniquesNot Applicable
AttitudeFriendlyAgencyn/a
Valuen/aAdvisor Feesn/a
SYNOPSIS
MALAYSIA - MCM Technologies Bhd acquired the entire share capital of Layar Meriah(M)Sdn Bhd, an ecommerce services provider, for a nominal cash consideration of 2 Malaysia ringgit ($ 0.528 US).
TARGET
NameLayar Meriah(M)Sdn Bhd
Industriesn/a
Cityn/a
Staten/a
NationMalaysia
Incorporated inn/a
Public StatusPrivate
Business DescriptionProvide ecommerce services
AdvisorsNULL
Target Salesn/a
ACQUIROR
NameMCM Technologies Bhd (Mesdaq : MCMTEC)
IndustriesComputer related services,nec; Prepackaged Software; Computer programming services; Services, nec; Offices of holding companies, nec
CityKuala Lumpur
Staten/a
NationMalaysia
Incorporated inn/a
Public StatusPublic
Business DescriptionMCM Technologies Bhd, based in Kuala Lumpur, provides information technology consultancy services and distribution and marketing of computer software, hardware and peripherals. It is also engaged in the provision of application support services, application integration services, application package implementation services and professional services and other related activities, production and trading of pharmaceutical products and investment holding. Established in 1994, the company operates exclusively in Malaysia.
AdvisorsNULL
Acquiror Sales8.1 million U.S. Dollar
30.6 million Malaysian Ringgit
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