[AXTERIA] Acquisitions on 21-Nov-2018
Announcement Date
21-Nov-2018
Listing Date
22-Nov-2018
New Type/Class?
No
Type
Acquisitions
Details
Issuance of 12,428,840 ordinary shares in Acoustech Berhad ("Acoustech") to satisfy part of the purchase consideration amounting to approximately RM5,344,401 for the Proposed Acquisition by Teras Eco Sdn Bhd, a wholly-owned subsidiary of Acoustech, of the development rights and interest held by Jaya Mapan Sdn Bhd in a block of 44-storey service apartments for a total purchase consideration of RM18.0 million to be satisfied through a combination of cash and ordinary shares in Acoustech
No. of shared issued
12,428,840
Issue Price
Malaysian Ringgit (MYR) 0.430
Par Value
0.000
Total NOSH
194,535,240
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