Salcon berhad ("Salcon" Or "The Company") Offer from Godrej Agrovet limited ("GAVL") To Acquire the Following From Salcon Engineering Berhad ("seb"), Our Wholly-owned Subsidiary:- (i) the entire Equity Interest of seb in Cross Continental Investment ("CCI"); And (ii) The Entire Preference Share Capital Of Seb In Palm Tech India Limited ("PTIL")
BackMay 16, 2007
| General Announcement |
| Reference No CC-070516-60777 |
| Company Name |
:
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SALCON BERHAD |
| Stock Name |
:
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SALCON |
| Date Announced |
:
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16/05/2007 |
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| Type | : | Announcement |
| Subject | : | Salcon Berhad ("Salcon" or "the Company") Offer from Godrej Agrovet Limited ("GAVL") to acquire the following from Salcon Engineering Berhad ("SEB"), our wholly-owned subsidiary:- (i) The entire equity interest of SEB in Cross Continental Investment ("CCI"); and (ii) The entire preference share capital of SEB in Palm Tech India Limited ("PTIL") |
Contents :
The announcement dated 5 April 2007 refers.
Salcon wishes to inform that the Letter of Offer for the acquisition of the above from Godrej Agrovet Limited has lapsed and of no further effect due to non fulfillment of the terms of the said Letter.
This announcement is dated 16 May 2007.