[AWC] Acquisitions on 08-Oct-2015
Stock
Announcement Date
08-Oct-2015
Listing Date
09-Oct-2015
New Type/Class?
No
Type
Acquisitions
Details
Acquisition of 750,000 ordinary shares of RM1.00 each in Qudotech Sdn Bhd (Qudotech) and 500,000 ordinary shares of RM1.00 each in DD Techniche Sdn Bhd (DDT), representing the entire equity of both Qudotech and DDT respectively, for a total consideration of RM26.50 million to be satisfied by a combination of cash amounting to RM14.85 million and issuance and allotment of 30,657,895 new ordinary shares of par value RM0.30 each in AWC (AWC Share(s)) at an issue price of RM0.38 per AWC Share.
No. of shared issued
30,657,895
Issue Price
Malaysian Ringgit (MYR) 0.380
Par Value
Malaysian Ringgit (MYR) 0.300
Total NOSH
259,337,122
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
