[CAB] Acquisitions on 20-Oct-2021

Stock
[CAB]: CAB CAKARAN CORPORATION BHD
Announcement Date
20-Oct-2021
Listing Date
21-Oct-2021
New Type/Class?
No
Type
Acquisitions
Details
Acquisition by CAB Cakaran Corporation Berhad ("CAB") of a 51% equity interest in Benarlab Sdn Bhd for a purchase consideration of RM3,300,000, which will be satisfied entirely via the issuance of 7,500,000 new ordinary shares in CAB ("CAB Share(s)") ("Consideration Share(s)") at the issue price of RM0.44 per Consideration Share
No. of shared issued
7,500,000
Issue Price
Malaysian Ringgit (MYR) 0.440
Par Value
0.000
Total NOSH
698,008,742
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