Jan 20 (Reuters) - MACA Ltd (MLD) :
- Maca acquires contracting business (MLD)
- Says acquisition consideration of approximately $5 million in cash
- Says contract tenures range from 3 to 19 months
- Says Maca expect to finalise the purchase of alliance with settlement to
occur by the end of January 2016
- Says co entered into an agreement with shareholders of alliance contracting
pty for the purchase of all the shares of alliance
- Says acquisition will provide Maca with new working relationships with Metals
X Limited
- Acquisition consideration will be funded from maca's existing cash resources
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