macroasia corporation (MAC:Philippines)
Transactions by MACROASIA CORPORATION (MAC) in the last 6 months
SATS Ltd. (SGX:S58) agreed to acquire additional 13% stake in MacroAsia Catering Services, Inc. from MacroAsia Corp. (PSE:MAC) for SGD 5.1 million on July 22, 2015. SATS will acquire 0.16 million shares of MacroAsia Catering Services. The transaction is subject to government approval and is expected to complete by August 31, 2015. The transaction is not expected to have any impact on SATS' net tangible assets and earnings for the year ended March 31, 2016.
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