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") PROPOSED DISPOSAL BY SALCON DEVELOPMENT SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF SALCON BERHAD (COMPANY), OF 80% EQUITY INTEREST IN ECO WORLD-SALCON Y1 PTY LTD (FORMERLY KNOWN AS SALCON DEVELOPMENT (AUSTRALIA) PTY LTD) TO FORTUNE QUEST GROUP LTD, A WHOLLY-OWNED SUBSIDIARY OF ECO WORLD INTERNATIONAL BERHAD FOR A DISPOSAL CONSIDERATION OF AUD120,000 ("PROPOSED DISPOSAL") |
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We refer to the Company’s announcement dated 10 April 2017 in relation to the Proposed Disposal. Unless otherwise stated, words and phrases used in this announcement shall have the same meanings as defined in the aforesaid announcement.
On behalf of the Board, HLIB wishes to announce that SDSB and Fortune Quest have on 26 July 2017 mutually agreed to extend the cut-off date for the fulfillment of the conditions precedent of the SPA from 10 August 2017 to 10 October 2017.
This announcement is dated 26 July 2017. |
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Announcement Info
| Company Name | SALCON BERHAD |
| Stock Name | SALCON |
| Date Announced | 26 Jul 2017 |
| Category | General Announcement for PLC |
| Reference Number | GA1-26072017-00070 |