OTHERS HANDAL RESOURCES BHD ("HRB" or "Company") Proposed Acquisition of the use of the Intellectual Property Rights of the “Seacrane” Offshore Pedestal Crane Product Line (Which Includes The “Seacrane” Trademark) in Asia, Africa, Europe and other countries (apart from those located in North America And South America) by Handal Offshore Services Sdn Bhd ("HOSSB"), a wholly-owned subsidiary of Handal, for a cash consideration of United States Dollar Three Million Seven Hundred And Fifty Thousand (USD3,750,000) (“Proposed Acquisition”)

HANDAL RESOURCES BERHAD

TypeAnnouncement
SubjectOTHERS
DescriptionHANDAL RESOURCES BHD ("HRB" or "Company")
Proposed Acquisition of the use of the Intellectual Property Rights of the “Seacrane” Offshore Pedestal Crane Product Line (Which Includes The “Seacrane” Trademark) in Asia, Africa, Europe and other countries (apart from those located in North America And South America) by Handal Offshore Services Sdn Bhd ("HOSSB"), a wholly-owned subsidiary of Handal, for a cash consideration of United States Dollar Three Million Seven Hundred And Fifty Thousand (USD3,750,000) (“Proposed Acquisition”)


Announcement Info

Company NameHANDAL RESOURCES BERHAD  
Stock Name HANDAL    
Date Announced6 Jun 2011  
CategoryGeneral Announcement
Reference NoCA-110603-63255