[PUC] Acquisitions on 31-Dec-2013

Announcement Date
31-Dec-2013
Listing Date
02-Jan-2014
New Type/Class?
No
Type
Acquisitions
Details
Proposed acquisition of the entire equity interest in Red Media Asia Ltd comprising a total of 8,269,818 ordinary shares of USD1.00 each from Resource Holding Management Limited (formerly known as RedHot Media International Limited) for a total consideration of RM90.0 million to be satisfied via the issuance of 750,000,000 new ordinary shares of RM0.10 each in PUC Founder (MSC) Berhad at an issue price of RM0.12 each.
No. of shared issued
750,000,000
Issue Price
MYR 0.120
Par Value
MYR 0.100
Total NOSH
845,036,250
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