KUALA LUMPUR, Sept 25 (Bernama) -- Sam Engineering & Equipment (M) Bhd (Samee) has entered into a conditional share sale agreement with Singapore Aerospace Manufacturing Pte Ltd (SAMPL), the holding company of SAMEE, to acquire the entire equity interest in Aviatron (M) Sdn Bhd for US$43.40 million (US$1=RM4.68). In conjunction with the proposed acquisition, Samee proposed to undertake a renounceable rights issue of 135.40 million new ordinary shares in Samee at an issue price to be determined and announced later.

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