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

BackApr 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 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")

We refer to the announcement made on 16 February 2017 in relation to the Proposed Acquisition and Proposed Subscription. The Board of Directors of Salcon wishes to announce that the Proposed Acquisition and Proposed Subscription have been completed on 3 April 2017.


This announcement is dated 3 April 2017.

 


Announcement Info

Company Name SALCON BERHAD
Stock Name SALCON
Date Announced 03 Apr 2017
Category General Announcement for PLC
Reference Number GA1-29032017-00047