Highlights

[KRETAM] Acquisitions on 12-Dec-2011


Stock [KRETAM]: KRETAM HOLDINGS BHD
Announcement Date 12-Dec-2011

Listing Date 13-Dec-2011
New type/class? No
Type Acquisitions
Details Acquisition of the entire equity interest in Abedon Sdn Bhd for a purchase consideration of RM419.5 million to be satisfied by the issuance of 90,521,740 new ordinary shares of RM1.00 each in Kretam Holdings Berhad (“KHB”) (“Consideration Shares”) and 90,521,739 new irredeemable convertible preference shares of RM1.00 each in KHB (“ICPS”) at an issue price of RM2.30 per Consideration Share/ICPS, and a cash sum of RM3.1 million (“ASB Acquisition”)
No. of shares issued 90,521,740
Issue Price MYR  2.300
Par Value MYR  1.000
Total NOSH 335,003,688


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