Transactions (Chapter 10 Of Listing Requirements) : Non Related Party Transactions
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description |
SALCON BERHAD ("SALCON" OR "THE COMPANY") PROPOSED ACQUISITION OF 100,000 ORDINARY SHARES IN RAYVN AS ("RAS"), FROM TOTAL SAFETY AS ("TSA") (50,000 ORDINARY SHARES) AND ENOVATE AS ("ENOVATE") (50,000 ORDINARY SHARES) BY TANJUNG JUTARIA SDN BHD ("TJSB"), A WHOLLY-OWNED SUBSIDIARY OF SALCON ENGINEERING BERHAD, WHICH IN TURN IS A WHOLLY-OWNED SUBSIDIARY OF SALCON ("PROPOSED ACQUISITION") PROPOSED SUBSCRIPTION OF 818,182 ORDINARY SHARES IN RAS BY TJSB ("PROPOSED SUBSCRIPTION") |
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Pursuant to Paragraph 10.05 of Bursa Malaysia Securities Berhad Main Market Listing Requirements (“Main LR”), the Board of Directors of Salcon, wishes to announce that on 16 February 2017, TJSB has entered into the Share Subscription cum Purchase Agreement (“SSCPA”) with TSA, ENOVATE, Mr John Rider Williams (“JRW”) and RAS.
Please refer to the attached file for further details. |
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Announcement Info
| Company Name | SALCON BERHAD |
| Stock Name | SALCON |
| Date Announced | 16 Feb 2017 |
| Category | General Announcement for PLC |
| Reference Number | GA1-16022017-00047 |
Please refer attachment below.
Attachments
- Announcement_Acquisition_and_Subscription_of_Shares_in_RAYVN_AS.pdf (Size: 227,615 bytes)