Splash Park Sdn Bhd acquired DB Spa Villas Management Sdn Bhd from Tanco Holdings Berhad (KLSE:TANCO) for MYR 0.05 million on January 19, 2017. Splash Park Sdn Bhd acquired 2.6 million shares of DB Spa Villas Management Sdn Bhd. After the transaction, DB Spa Villas Management Sdn Bhd will operate as a wholly owned subsidiary of Splash Park Sdn Bhd. The transaction is not expected to have any effect on the earnings of Tanco Holdings Berhad for the financial year ending June 30, 2017. Splash Park Sdn Bhd completed the acquisition of DB Spa Villas Management Sdn Bhd from Tanco Holdings Berhad (KLSE:TANCO) on January 19, 2017.