[ECM] Acquisitions on 16-May-2018
Announcement Date
16-May-2018
Listing Date
17-May-2018
New Type/Class?
No
Type
Acquisitions
Details
ISSUANCE OF 160,205,555 NEW ORDINARY SHARES IN ECM LIBRA FINANCIAL GROUP BERHAD ("ECMLFG") ("SHARES") AT AN ISSUE PRICE OF RM0.36 PER SHARE TO SATISFY THE CONSIDERATION OF RM57,674,000 PURSUANT TO THE PROPOSED ACQUISITION OF 50% EQUITY INTEREST IN TP SEPANG SDN BHD, TP INTERNATIONAL PTY LTD, YUMMY KITCHEN SDN BHD AND 40.005% EQUITY INTEREST IN TP HOTEL (FLINDERS) TRUST (TOGETHER WITH 40.005% OF THE RIGHTS AND BENEFITS TO THE TOTAL ADVANCES OWING BY TP HOTEL (FLINDERS) TRUST)
No. of shared issued
160,205,555
Issue Price
Malaysian Ringgit (MYR) 0.360
Par Value
0.000
Total NOSH
446,798,046
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
