[BRAHIMS] Acquisitions on 16-Jul-2012

Stock
[BRAHIMS]: BRAHIMS HOLDINGS BERHAD
Announcement Date
16-Jul-2012
Listing Date
17-Jul-2012
New Type/Class?
No
Type
Acquisitions
Details
ISSUANCE OF 17,900,000 ORDINARY SHARES OF RM1.00 EACH IN BRAHIM’S HOLDINGS BERHAD AT RM1.00 EACH AS PART OF THE CONSIDERATION FOR THE ACQUISITION OF 60% EQUITY INTEREST IN ADMUDA SDN BHD FOR A PURCHASE CONSIDERATION OF RM20.0 MILLION TO BE SATISFIED VIA COMBINATION OF CASH OF RM2.1 MILLION AND THE ISSUANCE OF 17,900,000 ORDINARY SHARES OF RM1.00 EACH IN BRAHIM’S HOLDINGS BERHAD PURSUANT TO THE SHARE SALE AGREEMENT DATED 13 FEBRUARY 2012 (“ISSUANCE”)
No. of shared issued
17,900,000
Issue Price
MYR 1.000
Par Value
MYR 1.000
Total NOSH
214,805,000
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