[SHCHAN] Acquisitions on 28-Jun-2017
Announcement Date
28-Jun-2017
Listing Date
29-Jun-2017
New Type/Class?
No
Type
Acquisitions
Details
ACQUISITION BY SIN HENG CHAN (MALAYA) BERHAD (SHC) OF 25% EQUITY INTEREST IN KJ TECHNICAL SERVICES SDN BHD FOR A TOTAL CONSIDERATION OF RM10.0 MILLION SATISFIED BY A COMBINATION OF CASH PAYMENT OF RM5.0 MILLION AND THE ISSUANCE OF 5,000,000 NEW ORDINARY SHARES IN SHC (SHC SHARES) AT THE ISSUE PRICE OF RM1.00 PER SHC SHARE
No. of shared issued
5,000,000
Issue Price
Malaysian Ringgit (MYR) 1.000
Par Value
0.000
Total NOSH
120,066,787
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