[STRAITS]: STRAITS ENERGY RESOURCES BERHAD

08-Jun-2015

EGM

25-Jun-2015 16:00

18-Jun-2015

Crystal Hall 3, Level 4, Crystal Crown Hotel PJ, No.12, Lorong Utara A, 46200 Petaling Jaya

PROPOSED DISPOSAL BY RAYA CONSUMABLE SDN BHD OF ONE (1) PARCEL OF FREEHOLD LAND TOGETHER WITH CORNER THREE (3) STOREY OFFICE BLOCK ANNEXED TO SINGLE STOREY WAREHOUSE BUILDING TO IBRONX SDN BHD FOR A CASH CONSIDERATION OF RM8,300,000 ("PROPOSED DISPOSAL")
Raya - Notice of EGM.pdf

OUTCOME OF EXTRAORDINARY GENERAL MEETING ("EGM") OF RAYA INTERNATIONAL BERHAD (“RAYA”) IN RESPECT OF:

PROPOSED DISPOSAL BY RAYA CONSUMABLE SDN BHD (“RCSB”), A WHOLLY–OWNED SUBSIDIARY OF RAYA, OF ONE (1) PARCEL OF FREEHOLD LAND TOGETHER WITH CORNER THREE (3) STOREY OFFICE BLOCK ANNEXED TO SINGLE STOREY WAREHOUSE BUILDING (“PROPERTY”) TO IBRONX SDN BHD (“ISB”) FOR A CASH CONSIDERATION OF RM8,300,000 (“DISPOSAL CONSIDERATION”) (“PROPOSED DISPOSAL”)

We refer to the announcement made on 5 February 2015 in relation to Proposed Disposal (“Announcement”). Unless otherwise defined, the definitions set out in the Announcement shall apply herein.

The Board of Directors of the Company is pleased to inform that the shareholders of the Company had, at the Extraordinary General Meeting ("EGM") held on 25 June 2015, approved the resolution in relation to the Proposed Disposal as prescribed in the Notice of the EGM.

This announcement is dated 25 June 2015

---

-