[IFCAMSC] Acquisitions on 05-Jan-2016

Stock
[IFCAMSC]: IFCA MSC BHD
Announcement Date
05-Jan-2016
Listing Date
06-Jan-2016
New Type/Class?
No
Type
Acquisitions
Details
ACQUISITION OF THE BUSINESS OF PT IFCA CONSULTING INDONESIA BY IFCA MSC BERHAD (IFCA) FOR A TOTAL PURCHASE CONSIDERATION OF RM32.0 MILLION TO BE SATISFIED THROUGH A COMBINATION OF CASH AMOUNTING TO RM16.0 MILLION AND THE ISSUANCE OF 16,000,000 NEW ORDINARY SHARES OF RM0.10 EACH IN IFCA (IFCA SHARE(S)) AT AN ISSUE PRICE OF RM1.00 PER IFCA SHARE
No. of shared issued
16,000,000
Issue Price
Malaysian Ringgit (MYR) 1.000
Par Value
Malaysian Ringgit (MYR) 0.100
Total NOSH
587,097,600
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