[VINVEST] Acquisitions on 04-Nov-2015

Stock
[VINVEST]: VINVEST CAPITAL HOLDINGS BERHAD
Announcement Date
04-Nov-2015
Listing Date
05-Nov-2015
New Type/Class?
No
Type
Acquisitions
Details
Acquisition by Instacom Group Berhad ("Instacom") of 5,300,000 ordinary shares of RM1.00 each in Neata Aluminium (Malaysia) Sdn Bhd ("Neata"), representing approximately 43.6% of the equity interest in Neata for a purchase consideration of RM73.58 million, to be fully satisfied via a combination of the issuance of new ordinary shares of RM0.10 each in Instacom ("Instacom Shares") at the issue price of RM0.10 per Instacom Share and cash payment of RM13.00 million
No. of shared issued
605,840,000
Issue Price
Malaysian Ringgit (MYR) 0.100
Par Value
Malaysian Ringgit (MYR) 0.100
Total NOSH
1,906,639,852
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