News

Transactions (Chapter 10 of Listing Requirements) : Combination Of Transactions

BackSep 11, 2017
Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
COMBINATION OF TRANSACTIONS
Description

PENTAMASTER CORPORATION BERHAD ("PCB" OR" COMPANY") (I) PROPOSED ESTABLISHMENT OF A SHARE AWARD SCHEME FOR THE ELIGIBLE EMPLOYEES OF PENTAMASTER INTERNATIONAL LIMITED ("PIL") AND ITS SUBSIDIARIES; (II) PROPOSED LISTING OF THE COMPANY'S AUTOMATED SOLUTION BUSINESS ON THE MAIN BOARD OF THE STOCK EXCHANGE OF HONG KONG LIMITED ("PROPOSED LISTING"); AND (III) PROPOSED DILUTION OF PCB'S EQUITY INTEREST IN PIL PURSUANT TO THE PROPOSED LISTING. (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

Reference is made to the Company’s announcements dated 13 June 2017, 19 June 2017, 17 July 2017, 21 July 2017 and 31 July 2017 in relation to the Proposed Listing.

On behalf of the Board of Directors of PCB, Affin Hwang Investment Bank Berhad is pleased to announce that the Company proposes to list its Automated Solution Business via a listing of all ordinary shares of HKD0.01 each in PIL on the Main Board of HKEX.

Further details of the Proposals are set out in the attachment.

 

This announcement is dated 11 September 2017.



 


Announcement Info

Company Name PENTAMASTER CORPORATION BERHAD
Stock Name PENTA
Date Announced 11 Sep 2017
Category General Announcement for PLC
Reference Number GA1-11092017-00059

Attachments

  1. PCB_-_Proposals_(11.09.2017).pdf (Size: 289,217 bytes)