News
Others
| Type | Announcement |
| Subject | OTHERS |
| Description |
PENTAMASTER CORPORATION BERHAD ("PCB" OR THE "COMPANY") PROPOSED ACQUISITION OF TP CONCEPT SDN. BHD. BY PENTAMASTER EQUIPMENT MANUFACTURING SDN. BHD., A WHOLLY OWNED SUBSIDIARY OF PENTAMASTER INTERNATIONAL LIMITED, WHICH IN TURN IS A SUBSIDIARY OF PCB |
The board of directors of Pentamaster Corporation Berhad ("PCB" or the “Company") is pleased to announce that Pentamaster Equipment Manufacturing Sdn. Bhd., a wholly owned subsidiary of Pentamaster International Limited, which in turn is a subsidiary of PCB, on 26 September 2019, entered into a share sale agreement with all the existing shareholders of TP Concept Sdn. Bhd. (“TP”) to acquire 100% equity interest in TP comprising 250,000 ordinary shares each fully paid up for a total purchase consideration of Ringgit Malaysia twenty one million (RM21,000,000) only.
Please refer to the attachment for details.
Announcement Info
| Company Name | PENTAMASTER CORPORATION BERHAD |
| Stock Name | PENTA |
| Date Announced | 26 Sep 2019 |
| Category | General Announcement for PLC |
| Reference Number | GA1-26092019-00100 |
Please refer attachment below.
Attachments
- PCB_Announcement_acquisition_of_TP.pdf (Size: 218,605 bytes)