[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 shared issued
90,521,740
Issue Price
MYR 2.300
Par Value
MYR 1.000
Total NOSH
335,003,688
Market Buzz
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment