[ADVCON] Acquisitions on 10-Dec-2021

Announcement Date
10-Dec-2021
Listing Date
13-Dec-2021
New Type/Class?
No
Type
Acquisitions
Details
Acquisition by Advancecon Holdings Berhad of 260,100,006 ordinary shares in Spring Energy Resource Berhad ("SERB"), representing the 51% equity interest in SERB, from Fook Hua Holdings Sdn Bhd for a purchase consideration of RM30,400,000
No. of shared issued
33,000,000
Issue Price
Malaysian Ringgit (MYR) 0.460
Par Value
0.000
Total NOSH
448,813,000
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