Highlights

[TDEX] Acquisitions on 07-Dec-2017


Stock [TDEX]: TECHNODEX BHD
Announcement Date 07-Dec-2017

Listing Date 08-Dec-2017
New type/class? No
Type Acquisitions
Details (I) ACQUISITION OF AN ADDITIONAL 42% EQUITY INTEREST BY TDEX IN IDEALSEED RESOURCES SDN BHD ("IDEALSEED") FOR A TOTAL PURCHASE CONSIDERATION OF RM2,677,500 ("ACQUISITION I"); AND (II) ACQUISITION OF THE REMAINING 50% EQUITY INTEREST IN SURFSTEK RESOURCES (R&D) SDN BHD ("SURFSTEK R&D") BY TDEX FOR A TOTAL PURCHASE CONSIDERATION OF RM13,455,000 ("ACQUISITION II") (COLLECTIVELY " ACQUISITIONS")
No. of shares issued 80,662,500
Issue Price Malaysian Ringgit (MYR)  0.200
Par Value -   0.000
Total NOSH 494,095,790


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