[SPSETIA] Acquisitions on 09-Feb-2012

Stock
[SPSETIA]: SP SETIA BHD
Announcement Date
09-Feb-2012
Listing Date
10-Feb-2012
New Type/Class?
No
Type
Acquisitions
Details
Proposed issuance of 19,379,845 new ordinary shares of RM0.75 each in S P Setia Berhad (“S P Setia”) (“S P Setia Share(s)”) at the issue price of RM3.87 per S P Setia Share to satisfy the total consideration of RM75,000,000 pursuant to the proposed acquisition by S P Setia of 40% equity interest in KL Eco City Sdn Bhd from Yayasan Gerakbakti Kebangsaan
No. of shared issued
19,379,845
Issue Price
MYR 3.870
Par Value
MYR 0.750
Total NOSH
1,868,431,673
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