Chembond Chemicals to sell entire stake of Chembond Chemicals Malaysia

20 May 2019 Evaluate

Chembond Chemicals has received an approval to sell 100% stake in Chembond Chemicals Malaysia Sdn Bhd (Wholly owned Subsidiary), held by the company to Chembond Water Technologies (Wholly Owned Subsidiary). The Board of Directors of the company in its meeting held on May 18, 2019, approved the same.

Chembond Chemicals is engaged in specialty chemicals business and offers a wide range of products for industrial applications.

Chembond Chemicals Share Price

478.00 6.05 (1.28%)
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