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

BackNov 11, 2013
Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description SALCON BERHAD ("SALCON" OR THE "COMPANY")

PROPOSED DISPOSALS OF THE ENTIRE EQUITY INTERESTS HELD IN THE FOLLOWING:
(I) SALCON DARCO ENVIRONMENTAL PTE LTD;
(II) SALCON JIANGSU (HK) LIMITED;
(III) SALCON FUJIAN (HK) LIMITED;
(IV) SALCON ZHEJIANG (HK) LIMITED;
(V) SALCON LINYI (HK) LIMITED; AND
(VI) SALCON SHANDONG (HK) LIMITED.

(For consistency, the abbreviations used throughout this announcement shall have the same meaning as defined in the announcement dated 12 September 2013 unless stated otherwise.)

On behalf of the Board, HLIB wishes to inform that the Company proposes to vary the utilisation of proceeds to be received from the Proposed Disposals, to include a proposed distribution of part of the proceeds from the Proposed Disposals to shareholders of Salcon.

Please refer to the attachment for further information.

This announcement is dated 11 November 2013.

 

 


Announcement Info

Company Name SALCON BERHAD  
Stock Name SALCON    
Date Announced 11 Nov 2013  
Category General Announcement
Reference No ML-131111-47905

Attachments

  1. SALCON_111113.pdf (Size: 134,749 bytes)