[KRETAM] Acquisitions on 29-Dec-2011

Announcement Date 29-Dec-2011

Listing Date 30-Dec-2011
New type/class? No
Type Acquisitions
Details Acquisition of the entire equity interest in Green Edible Oil Sdn Bhd for a purchase consideration of RM92.0 million to be satisfied by the issuance of 30,521,739 new ordinary shares of RM1.00 each in Kretam Holdings Berhad (“KHB”) (“Consideration Shares”) and 9,478,261 new irredeemable convertible preference shares of RM1.00 each in KHB (“ICPS”) at an issue price of RM2.30 per Consideration Share/ICPS (“GEO Acquisition”)
No. of shares issued 30,521,739
Issue Price MYR  2.300
Par Value MYR  1.000
Total NOSH 365,525,427

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