Fiamma Holdings Bhd (KLSE:FIAMMA) acquired remaining 30% stake in Enex-Dynamic Sdn. Bhd. from Encik Nor Azlan Bin Osman for MYR 0.55 million on January 3, 2013. Fiamma acquired 0.53 million shares of Enex-Dynamic in the transaction. Following the completion, Enex-Dynamic became a wholly-owned subsidiary of Fiamma. The transaction will not have any material effect on the earnings per share and net assets per share of Fiamma for the financial year ending September 30, 2013 and will not have any effect on the share capital, gearing and substantial shareholders' shareholdings of Fiamma.

Fiamma Holdings Bhd (KLSE:FIAMMA) completed the acquisition of remaining 30% stake in Enex-Dynamic Sdn. Bhd. from Encik Nor Azlan Bin Osman on January 3, 2013.