Company Briefs

EMS to acquire Int'l Offshore Equipments

EMS Energy has, through its subsidiary EMS Offshore, entered into an agreement to fully acquire International Offshore Equipments, a Singapore-based manufacturer of marine and offshore deck machineries, for $800,000. The deal will be paid for in new EMS shares - representing 1.7 per cent of the company's enlarged issued share capital - to the founders of the target company at an issue price of $0.0614 apiece.

F&N acquires Yoke Food for RM54.6m