[CITAGLB] Acquisitions on 04-Nov-2014
Announcement Date
04-Nov-2014
Listing Date
05-Nov-2014
New Type/Class?
No
Type
Acquisitions
Details
Acquisition of 5,000,000 ordinary shares of RM1.00 each in Misi Setia Oil & Gas Sdn Bhd (“Misi Setia”) representing 100% equity interest in Misi Setia for a purchase consideration of RM27.0 million, of which approximately RM16.2 million is satisfied in cash and the balance of approximately RM10.8 million is satisfied via the issuance of 10,588,235 new ordinary shares of RM0.50 each in WZ Satu Berhad (“Consideration Shares”) at an issue price of RM1.02 per Consideration Share
No. of shared issued
10,588,235
Issue Price
MYR 1.020
Par Value
MYR 0.500
Total NOSH
238,588,235
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