Semperit wins over 83 percent of Latexx shares

ERJ staff report (DS)

Vienna – Semperit AG Holding said it has completed the acquisition of all shares and warrants in Latexx Partners of Mr. Low Bok Tek and certain shareholders. Semperit has now secured a stake in Latexx Partners Berhad (“Latexx Partners”) of more than 83% on a diluted basis of 274.7 million shares (post potential exercise of all warrants) and more than 80% based on an undiluted basis of 222.7 million shares.

Semperit intends to start the necessary steps for delisting as soon as…

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