Transactions (Chapter 10 Of Listing Requirements) : Related Party Transactions
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS |
| Description |
SALCON BERHAD ("SALCON" OR "THE COMPANY") REDUCTION OF EQUITY INTEREST IN SALCON XINLIAN GROUP LIMITED ("SXGL") (FORMERLY KNOWN AS SALCON WATER INTERNATIONAL LIMITED), A WHOLLY-OWNED SUBSIDIARY OF SALCON IN RESPECT OF THE PROPOSED SUBSCRIPTION (AS DEFINED HEREIN) |
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Pursuant to Paragraph 10.08(1) of the Bursa Malaysia Securities Berhad (“Bursa Securities”) Main Market Listing Requirements (“Main LR”), the Board of Directors of Salcon, wishes to announce that on 8 February 2017, Salcon had entered into a Shareholders Agreement (“SA”) with Mr See Che Chi (“SCC”), Dato’ Mohamed Nizam Bin Abdul Razak (“Dato’ Nizam”) and SXGL (each “a Party” and collectively as “the Parties”) to give effect to the intentions of the Parties and to regulate their relationship as shareholders of SXGL.
Please refer to the attached file for further details. |
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Announcement Info
| Company Name | SALCON BERHAD |
| Stock Name | SALCON |
| Date Announced | 10 Feb 2017 |
| Category | General Announcement for PLC |
| Reference Number | GA1-10022017-00004 |
Attachments
- Announcement_Salcon_Berhad_Reduction_of_Equity_Interest_in_SWIL.pdf (Size: 325,526 bytes)