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

BackFeb 03, 2017
Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description

SALCON BERHAD ("SALCON" OR "THE COMPANY") PROPOSED ACQUISITION OF THE EQUITY INTERESTS IN THE FOLLOWING COMPANIES BY SALCON WATER INTERNATIONAL LIMITED ("SWIL"), A WHOLLY-OWNED SUBSIDIARY OF SALCON, FROM SIGNCHARGE LIMITED ("SCL") (PROPOSED ACQUISITION): I. 100% OF THE ENTIRE ISSUED AND REGISTERED CAPITAL OF BEIJING XINLIAN YITONG TECHNOLOGY CO. LTD. ("BXYT") II. 13.1% OF THE ISSUED AND PAID UP SHARE CAPITAL OF SIGNCHARGE SDN BHD ("SCSB")

We refer to the announcement made on 3 November 2016 in relation to the Proposed Acquisition. The Board of Directors of Salcon wishes to announce that the Proposed Acquisition has been completed on 3 February 2017.


This announcement is dated 3 February 2017.





Announcement Info

Company Name SALCON BERHAD
Stock Name SALCON
Date Announced 03 Feb 2017
Category General Announcement for PLC
Reference Number GA1-03022017-00016