Highlights

[STRAITS] Acquisitions on 21-Feb-2019


Stock [STRAITS]: STRAITS INTER LOGISTICS BHD
Announcement Date 21-Feb-2019

Listing Date 22-Feb-2019
New type/class? No
Type Acquisitions
Details Acquisition by Straits Inter Logistics Berhad ("Straits") of 1,444,000 ordinary shares in Banle Energy International Limited ("Banle"), representing 38.0% equity interest in Banle for a purchase consideration of RM14,997,840 to be satisfied via issuance and allotment of 63,820,595 new ordinary shares of Straits ("Straits Share(s)") at the issue price of RM0.235 per Straits Share
No. of shares issued 63,820,595
Issue Price Malaysian Ringgit (MYR)  0.235
Par Value -   0.000
Total NOSH 624,158,246


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