[AXTERIA] Notice of Interest of Substantial Shareholders - JAYA MAPAN SDN BHD on 23-Nov-2018

Highlights

Stock	[AXTERIA]: AXTERIA GROUP BERHAD
Announcement Date	23-Nov-2018

Name	JAYA MAPAN SDN BHD

Currency

Date of Change		Type	Number of Shares
	21-Nov-2018	Acquired	12,428,840

Nature of Interest	Deemed Interest
Shares	Ordinary Shares
Reason	Issuance of 12,428,840 ordinary shares in Acoustech Berhad ("Acoustech") to satisfy part of the purchase consideration amounting to approximately RM5,344,401 for the Proposed Acquisition by Teras Eco Sdn Bhd, a wholly-owned subsidiary of Acoustech, of the development rights and interest held by Jaya Mapan Sdn Bhd in a block of 44-storey service apartments for a total purchase consideration of RM18.0 million to be satisfied through a combination of cash and ordinary shares in Acoustech

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