[BAHVEST] Acquisitions on 18-Jan-2017

Stock
[BAHVEST]: BAHVEST RESOURCES BERHAD
Announcement Date
18-Jan-2017
Listing Date
19-Jan-2017
New Type/Class?
No
Type
Acquisitions
Details
ACQUISITION OF 10,000 ORDINARY SHARES OF RM1.00 EACH, REPRESENTING THE ENTIRE EQUITY INTEREST OF WULLERSDORF RESOURCES SDN BHD FOR A TOTAL PURCHASE CONSIDERATION OF RM96 MILLION TO BE SATISFIED VIA THE ISSUANCE OF 102,127,660 NEW ORDINARY SHARES OF RM0.10 EACH IN BORNEO AQUA HARVEST BERHAD ("BAHVEST SHARE") AT AN ISSUE PRICE OF RM0.94 PER BAHVEST SHARE
No. of shared issued
102,127,660
Issue Price
Malaysian Ringgit (MYR) 0.940
Par Value
Malaysian Ringgit (MYR) 0.100
Total NOSH
545,873,625
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