News
Transactions (Chapter 10 Of Listing Requirements) : Non Related Party Transactions
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description |
PENTAMASTER CORPORATION BERHAD ("PMCB" OR "VENDOR" OR "THE COMPANY")
PROPOSED DISPOSAL OF SHARES HELD BY PMCB IN PENTAMASTER ENGINEERING (M) SDN. BHD. AND PENTAMASTER SOLUTIONS SDN. BHD.
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The Board of Directors of PMCB (“Board”) wishes to announce that the Company is proposing to undertake the following:- (a) Proposed disposal by PMCB of 12,490,000 ordinary shares of RM1.00 each in Pentamaster Engineering (M) Sdn Bhd (“PESB”) (“PESB Shares”), representing 100% of the issued and paid-up share capital of PESB, to GEMS-Asia Emerging Technology Fund LP (“GAETF” or “Purchaser”) for a cash consideration of RM2,600,000 (“Proposed PESB Disposal”); and (b) Proposed disposal by PMCB of 500,000 ordinary shares of RM1.00 each in Pentamaster Solutions Sdn Bhd (“PSSB”) (“PSSB Shares”), representing 100% of the issued and paid-up share capital of PSSB, to GAETF for a cash consideration of RM2,400,000 (“Proposed PSSB Disposal”). Please refer to the attached file for details. |
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Announcement Info
| Company Name | PENTAMASTER CORPORATION BERHAD |
| Stock Name | PENTA |
| Date Announced | 10 Jul 2015 |
| Category | General Announcement for PLC |
| Reference Number | GA1-10072015-00038 |
Attachments
- PMCB_-_Proposed_Disposal.pdf (Size: 250,831 bytes)