Highlights

[NEXGRAM] Acquisitions on 05-Sep-2014

Stock [NEXGRAM]: NEXGRAM HOLDINGS BHD
Announcement Date 05-Sep-2014
Listing Date 08-Sep-2014
New type/class? No
Type Acquisitions
Details ACQUISITION OF 70% EQUITY INTEREST IN SENSORLINK HOLDINGS SDN BHD FOR A PURCHASE CONSIDERATION OF RM28,600,000 (SUBJECT TO ADJUSTMENT AS SET OUT IN THE SHARE SALE AGREEMENT) TO BE SATISFIED ENTIRELY VIA ISSUANCE OF NEW ORDINARY SHARES OF RM0.10 EACH IN NEXGRAM HOLDINGS BERHAD (“ACQUISITION”)
No. of shares issued 190,666,667
Issue Price MYR  0.150
Par Value MYR  0.100
Total NOSH 1,883,134,480


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