[OCK] Acquisitions on 10-Nov-2014

Stock
[OCK]: OCK GROUP BERHAD
Announcement Date
10-Nov-2014
Listing Date
11-Nov-2014
New Type/Class?
No
Type
Acquisitions
Details
Acquisition by OCK International Sdn Bhd, a wholly-owned subsidiary of OCK Group Berhad ("OCK"), of 85% equity interest in PT Putra Mulia Telecommunication for a total purchase consideration of RM21,250,000 to be fully satisfied via a combination of RM10,000,000 cash and issuance of 10,227,272 ordinary shares of RM0.10 each in OCK to satisfy the remaining of the purchase consideration of RM11,250,000
No. of shared issued
10,227,272
Issue Price
MYR 1.100
Par Value
MYR 0.100
Total NOSH
352,107,272
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