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

BackMay 25, 2015
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 FUJIAN (HK) LIMITED
(II)	SALCON ZHEJIANG (HK) LIMITED
(III)	SALCON LINYI (HK) LIMITED
(IV)	SALCON SHANDONG (HK) LIMITED

All terms and expressions used herein shall have the same meaning as those used in the Company’s announcements dated 12 September 2013, 11 November 2013, 27 November 2013, 20 December 2013, 24 December 2013, 13 January 2014, 28 February 2014, 30 April 2014, 30 June 2014, 27 August 2014, 26 November 2014 and 23 February 2015 in relation to the Proposed Disposals, unless stated otherwise.

We refer to the Company’s previous announcements made by HLIB on behalf of the Company in relation to the Proposed Disposals.

The Board wishes to announce that the Company and BEWG had on 24 May 2015 mutually agreed to an extension of 90 days to 23 August 2015 for the fulfillment of the Conditions-B of the SPA-B.

This announcement is dated 25 May 2015.

 


Announcement Info

Company Name SALCON BERHAD
Stock Name SALCON
Date Announced 25 May 2015
Category General Announcement for PLC
Reference Number GA1-21052015-00028