[STRAITS] Acquisitions on 20-Jun-2017

Stock
[STRAITS]: STRAITS ENERGY RESOURCES BERHAD
Announcement Date
20-Jun-2017
Listing Date
20-Jun-2017
New Type/Class?
No
Type
Acquisitions
Details
ACQUISITION OF 1 VESSEL KNOWN AS "STURGEON" FOR A CONSIDERATION OF RM3,200,000 TO BE SATISFIED VIA THE ISSUANCE OF NEW ORDINARY SHARES IN RAYA ("RAYA SHARES" OR "SHARES") AT AN ISSUE PRICE OF RM0.16 PER SHARE ("ACQUISITION OF STURGEON")
No. of shared issued
20,000,000
Issue Price
Malaysian Ringgit (MYR) 0.160
Par Value
0.000
Total NOSH
183,952,380
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