MBH Corporation Plc
MBH Corporation PLC and Asia Pacific Energy Venture Pte Ltd announce demerger
MBH Corporation Plc / Key word(s): Miscellaneous MBH Corporation PLC and Asia Pacific Energy Venture Pte Ltd announce demerger Information and Explanation of the Issuer to this News: The Directors and stakeholders of MBH and APEV take this opportunity to acknowledge the highly effective manner in which all parties have collaborated over the last 10 months; and the co-operative way they have worked to implement the demerger.
Callum Laing, CEO of MBH noted: ‘APEV is a fantastic company and we have enjoyed having them as part of our group over this past year and wish them every success going forward. MBH remains focused on our strategy of developing the other companies in the group and continuing to add more great companies to our portfolio.’ ‘APEV management are pleased to have been associated with MBH over the last year as our business strategy has evolved, with an increasing focus on large infrastructure projects in the Pacific’s emerging power generation sector. Should our strategic interests align in the future, APEV would welcome the opportunity to work more closely with MBH again.’ MBH Corporation plc is a diversified investment holding company, listed on the Frankfurt and Dusseldorf Stock Exchanges. The company acquires small to medium enterprises across multiple geographies and sectors that are well established, profitable and looking to scale. By leveraging the Agglomeration strategy, MBH Corporation plc is able to create substantial shareholder value through the consistent and accretive acquisition of excellent companies.
MBH Corporation plc, Charlotte Williams, charlotte@unity-group.com, +44 (0)770 396 3953 Kirchhoff Consult AG, Nicole Schüttforth, nicole.schuettforth@kirchhoff.de, +49 (0)40 609186 64
22-Apr-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | MBH Corporation Plc |
Studio 7-9, Royal Patriotic Victoria Building, Joh | |
SW18 3SX London | |
United Kingdom | |
E-mail: | fo@mbhcorporation.com |
Internet: | https://www.mbhcorporation.com/ |
ISIN: | GB00BF1GH114 |
WKN: | A2JDGJ |
Listed: | Regulated Unofficial Market in Dusseldorf, Frankfurt |
EQS News ID: | 1027675 |
End of Announcement | DGAP News Service |