News

Transactions (Chapter 10 Of Listing Requirements) : Non Related Party Transactions

BackSep 28, 2015
Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
PENTAMASTER CORPORATION BERHAD ("PMCB" OR THE "COMPANY")

PROPOSED ACQUISTION BY PMCB OF 2 ORDINARY SHARES OF RM1.00 EACH IN ORIGO VENTURES (M) SDN BHD REPRESENTING 100% OF ITS EQUITY INTEREST FOR A TOTAL CONSIDERATION OF RM5,780,000.00 TO BE SATISFIED ENTIRELY BY CASH ("PROPOSED ACQUISITION")

The Board of Directors of PMCB wishes to announce that the Company is proposing to acquire 2 ordinary shares of RM1.00 each in ORIGO VENTURES (M) SDN. BHD. (Company No: 1104082-X)(“OVSB”) representing 100% of the issued and paid-up share capital of OVSB for a cash consideration of RM5,780,000.00. Please refer to the attached file for details.

This announcement is dated 28 September 2015.



Please refer attachment below.

 


Announcement Info

Company Name PENTAMASTER CORPORATION BERHAD
Stock Name PENTA
Date Announced 28 Sep 2015
Category General Announcement for PLC
Reference Number GA1-28092015-00070

Attachments

  1. PMCB_Proposed_acquisition_OVSB_-_penta280915.pdf (Size: 276,751 bytes)