Others
| Type | Announcement |
| Subject | OTHERS |
| Description |
SALCON BERHAD ("SALCON" OR "THE COMPANY") DISPOSAL OF 50,000 ORDINARY SHARES IN JUVITER GROUP SDN BHD ("JGSB"), REPRESENTING 100% OF THE TOTAL SHARE CAPITAL OF JGSB BY SALCON XINLIAN SDN BHD (FORMERLY KNOWN AS ANGGERIK MEGAJAYA SDN BHD) ("SXSB"), A 51%-OWNED SUBSIDIARY OF SALCON, TO MR SEE CHE CHI ("SCC") |
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Pursuant to Paragraph 9.19(24) of the Bursa Malaysia Securities Berhad Main Market Listing Requirements, the Board of Directors of Salcon wishes to announce that SXSB, a 51%-owned subsidiary of the Company, has on 14 December 2017 entered into a Share Sale Agreement with SCC to dispose of 50,000 Ordinary Shares in JGSB, representing 100% of the total share capital of JGSB to SCC for a total cash sale consideration of RM10.00 only (“Sale Consideration”) (hereinafter referred to as “the Disposal”).
Please refer to the attachment for further details on the Disposal. |
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Announcement Info
| Company Name | SALCON BERHAD |
| Stock Name | SALCON |
| Date Announced | 14 Dec 2017 |
| Category | General Announcement for PLC |
| Reference Number | GA1-07122017-00170 |
Attachments
- Ann-Disposal_of_Juviter_Group_Sdn_Bhd.pdf (Size: 210,045 bytes)