[PWORTH] Acquisitions on 23-Jan-2014

Announcement Date
23-Jan-2014
Listing Date
24-Jan-2014
New Type/Class?
No
Type
Acquisitions
Details
Acquisition of the entire issued and paid-up share capital of Beta Bumi Sdn Bhd by Priceworth International Berhad for a purchase consideration of RM25.0 million to be satisfied by way of cash consideration of RM2.0 million and the balance of RM23.0 million to be satisfied by way of issuance of 65,714,285 shares of RM0.10 each at an issue price of RM0.35 per share.
No. of shared issued
65,714,285
Issue Price
MYR 0.350
Par Value
MYR 0.100
Total NOSH
251,992,403
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