[NETX] Acquisitions on 25-Nov-2009

Stock
[NETX]: NETX HOLDINGS BHD
Announcement Date
25-Nov-2009
Listing Date
26-Nov-2009
New Type/Class?
No
Type
Acquisitions
Details
Acquisition of 3,957,196 ordinary shares of RM1.00 each in Ariantec Sdn Bhd ("Ariantec”), representing 100% equity interest in Ariantec from Metronic Global Berhad, Vincent Loy Ghee Yaw and Chen Kong Kheng by Global Soft (MSC) Bhd (“GS”) for a total purchase consideration of RM38.25 million to be satisfied entirely by the issuance of 382,500,000 new ordinary shares of RM0.10 each in GS
No. of shared issued
382,500,000
Issue Price
MYR 0.100
Par Value
MYR 0.100
Total NOSH
568,753,033
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