Proposed Subscription of 1,026,000 New Ordinary Shares Of RM1.00 Each In Eco-tours Sdn. Bhd.

BackJan 21, 2011
Date Announced
:
21/01/2011  



Type
:
Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID
:
YL-110118-45165
Subject
:
PROPOSED SUBSCRIPTION OF 1,026,000 NEW ORDINARY SHARES OF RM1.00 EACH IN ECO-TOURS SDN. BHD.

Contents
:
We refer to the query letter from Bursa Malaysia Securities Berhad (“Bursa Securities”) dated 19 January 2011 in relation to our announcement on 14 January 2011 on the above matter. The Board of Directors of Salcon Berhad wish to furnish herewith the following additional information as requested in the aforementioned letter from Bursa Securities:-

1. The total consideration for the Subscription was at par value of RM1,026,000.00.

2. The consideration be satisfied via cash manner and there was no term of any arrangement for payment on a defferred basis involved.

Query Letter
content
:
We refer to your announcement dated 14 January 2011 in respect of the
abovementioned matter.

In this connection, kindly furnish Bursa Malaysia Securities Berhad ("Bursa
Securities") with following additional information for public release : -

1. The total consideration for the Subscription.

2. The manner in which the consideration will be satisfied including terms of
any arrangement for payment on a deferred basis.

Kindly furnish Bursa Securities with your reply within one (1) market day from
the date hereof.

Yours faithfully


TAN YEW ENG
Head, Issuers
Listing Division
Regulation

TYE/YLS
c.c:- Head, Market Surveillance Department, Market Supervision Division,
Securities Commission (via fax)

Announcement Details :