[KAREX] Acquisitions on 23-Dec-2020
Stock
Announcement Date
23-Dec-2020
Listing Date
24-Dec-2020
New Type/Class?
No
Type
Acquisitions
Details
ACQUISITION OF THE REMAINING 30 SHARES OF COMMON STOCK IN GLOBAL PROTECTION CORP. ("GP"), REPRESENTING 30% OF THE EQUITY INTEREST IN GP, BY KAREX GLOBAL LIMITED ("KG"), A WHOLLY-OWNED SUBSIDIARY OF KAREX BERHAD ("KAREX"), FROM DAVIN WEDEL ("VENDOR") FOR A PURCHASE CONSIDERATION OF RM42,263,250.18 ("PURCHASE CONSIDERATION") SATISFIED ENTIRELY VIA THE ISSUANCE OF 51,085,761 NEW ORDINARY SHARES IN KAREX ("KAREX SHARES") AT AN ISSUE PRICE OF RM0.8273 EACH ("ACQUISITION")
No. of shared issued
51,085,761
Issue Price
Malaysian Ringgit (MYR) 0.827
Par Value
0.000
Total NOSH
1,053,460,761
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
MQ Trading Signals
Time
Signal
Duration
Type
2024-04-18 10:00:00
EMA 5
30 Mins
SELL
2024-04-18 09:30:00
EMA 5
10 Mins
SELL
2024-04-18 09:00:00
TURTLE SYSTEM 20
30 Mins
SELL
2024-04-18 09:00:00
TURTLE SYSTEM 20
10 Mins
SELL
2024-04-18 09:00:00
TURTLE SYSTEM 55
10 Mins
SELL
Apps
Top Articles
1
2
4
TA Sector Research
5
7
8
BFM Podcast
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
