Energy Earth Public Company Limited (SET:EARTH-R) cancelled the acquisition of PT. Hary Niaga from Endang Akhmad Yani, Kamsiah, Amrianto, Agustina and Nurhayati.
As of December 31, 2011, Hary recorded THB 0.47 million as total liabilities, total assets of THB 3291, total net loss of THB 0.03 million and total equity of -THB 0.47 million. As of September 30, 2012, Hary recorded total assets of THB 3015, total equity of -THB 0.48 million and total loss of THB 0.03 million. The transaction is expected to be completed within the year 2013. The payment for the ordinary shares of Hary and the capital increase of Energy Earth will have a dilution effect.
Energy Earth Public Company Limited (SET:EARTH-R) cancelled the acquisition of PT. Hary Niaga from Endang Akhmad Yani, Kamsiah, Amrianto, Agustina and Nurhayati on October 28, 2015.