[PARLO] Acquisitions on 17-Jan-2018

Stock
[PARLO]: PARLO BERHAD
Announcement Date
17-Jan-2018
Listing Date
18-Jan-2018
New Type/Class?
No
Type
Acquisitions
Details
ACQUISITION OF 1,600,000 ORDINARY SHARES REPRESENTING THE ENTIRE EQUITY INTEREST OF PARLO TOURS SDN BHD FOR A TOTAL PURCHASE CONSIDERATION OF RM25,000,000 TO BE SATISFIED ENTIRELY VIA THE ISSUANCE OF 250,000,000 NEW ORDINARY SHARES IN PARLO BERHAD ("PARLO SHARES") AT AN ISSUE PRICE OF RM0.10 PER PARLO SHARE ("ACQUISITION")
No. of shared issued
250,000,000
Issue Price
Malaysian Ringgit (MYR) 0.100
Par Value
0.000
Total NOSH
260,000,000
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