Century Plyboards increases stake in Huesoulin Wood Processing Factory
Shital Jibhe / 29 Aug 2017
As a step to increase its aggregate shareholding from 49% to 51%, Century Ply (Singapore) Pte. Ltd., a subsidiary of Century Plyboards, has acquired a further 2% stake in Huesoulin Wood Processing Factory in Laos.
As a step to increase its aggregate shareholding from 49% to 51%, Century Ply (Singapore) Pte. Ltd., a subsidiary of Century Plyboards, has acquired a further 2% stake in Huesoulin Wood Processing Factory in Laos.
Further, the name of Huesoulin Wood Processing Factory Co. Ltd. has also been changed to Century Huesoulin Plywood Lao Co. Ltd. As a consequence of this increase in
Century Plyboards was trading at Rs 253.35 per share, down by Rs 4.25 or 1.65% as at 1008 hours on Tuesday, on the BSE. The stock attracted a traded volume of 39,083 shares and traded value of Rs 99.42 lakhs on the NSE.
Century Huesoulin Plywood Lao Co. Ltd. is engaged in the manufacturing and trading of plywood, veneer and all wood products as well as providing related services.
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