Zhulian Corporation Berhad (KLSE:ZHULIAN) acquired remaining 20% stake in Zhulian Labuan Limited from Piyavat Bunyuenyongsakun for $0.01 million on February 23, 2016. Zhulian Corporation acquired 0.01 million shares of Zhulian Labuan. The transaction was funded from internally generated fund. The transaction will not have any effect on the issued and paid-up capital of Zhulian Corporation, shareholding of its substantial shareholders, earnings, net assets or gearing on a consolidated basis for the financial year ending November 30, 2017. Zhulian Corporation Berhad (KLSE:ZHULIAN) completed the acquisition of remaining 20% stake in Zhulian Labuan Limited from Piyavat Bunyuenyongsakun on February 23, 2016.