[HSSEB] Acquisitions on 27-Mar-2018

Stock
[HSSEB]: HSS ENGINEERS BERHAD
Announcement Date
27-Mar-2018
Listing Date
28-Mar-2018
New Type/Class?
No
Type
Acquisitions
Details
ACQUISITION OF THE ENTIRE EQUITY INTEREST IN SMHB ENGINEERING SDN BHD FOR A PURCHASE CONSIDERATION OF RM270,000,000 TO BE SATISFIED VIA THE ISSUANCE OF 94,736,842 NEW ORDINARY SHARES IN HSS ENGINEERS BERHAD ("HEB") ("HEB SHARE") AT AN ISSUE PRICE OF RM1.14 PER HEB SHARE AND RM162,000,000 IN CASH
No. of shared issued
94,736,842
Issue Price
Malaysian Ringgit (MYR) 1.140
Par Value
0.000
Total NOSH
495,862,003
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