Highlights

[ECM] Acquisitions on 16-May-2018


Stock [ECM]: ECM LIBRA FINANCIAL GROUP BHD
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 shares issued 160,205,555
Issue Price Malaysian Ringgit (MYR)  0.360
Par Value -   0.000
Total NOSH 446,798,046


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