Others

BackJan 27, 2017

 

Type Announcement
Subject OTHERS
Description

Salcon Berhad ("Salcon" or "the Company") Acquisition of a Shelf Company - Baiduri Nyaman Sdn Bhd

Pursuant to Paragraph 9.19(23) of Bursa Malaysia Securities Berhad Main Market Listing Requirements, the Board of Directors of Salcon wishes to announce that Salcon Water International Limited, a wholly-owned subsidiary of Salcon has on 27 January 2017 acquired 2 ordinary shares of RM1.00 each, representing 100% equity interest in Baiduri Nyaman Sdn Bhd (Company No. 1210666-V) (“BNSB”), a shelf company incorporated in Malaysia, for a total cash consideration of RM2.00 (“Acquisition”). Following the Acquisition, BNSB shall become a wholly-owned subsidiary of Salcon.

Please refer to the attachment for further details.

 


Announcement Info

Company Name SALCON BERHAD
Stock Name SALCON
Date Announced 27 Jan 2017
Category General Announcement for PLC
Reference Number GA1-27012017-00017

Attachments

  1. Ann_Acquisition_of_Shelf_Company_Baiduri_Nyaman_Sdn_Bhd.pdf (Size: 193,884 bytes)