Four Points by Sheraton Hotel, 3186-3187, Block 16, KCLD, Jalan Lapangan Terbang Baru, 93350 Kuching, Sarawak.
Description
WEIDA (M) BHD (“WEIDA” OR “COMPANY”) Notice of Extraordinary General Meeting (“EGM”) in respect of: PROPOSED DISPOSALS BY WEIDA TO TH PLANTATIONS BERHAD (“THP”) OF THE FOLLOWING: A. 7,500,000 CLASS B ORDINARY SHARES OF RM1.00 EACH IN BUMI SURIA VENTURES SDN BHD (“BSV”) REPRESENTING 51.43% EQUITY INTEREST OF BSV FOR AN INDICATIVE CASH CONSIDERATION OF RM109,290,807; AND B. 1,151,998 ORDINARY SHARES OF RM1.00 EACH IN MAJU WARISANMAS SDN BHD (“MWM”) REPRESENTING 100% EQUITY INTEREST OF MWM FOR AN INDICATIVE CASH CONSIDERATION OF RM42,081,000 (COLLECTIVELY REFERRED TO AS THE “PROPOSED DISPOSALS”) The EGM is for the purpose of considering and, if though fit, passing the resolutions as set out in the Notice of EGM to give effect to the Proposed Disposals. Members whose names appear in the Record of Depositors on 13 February 2013 shall be eligible to attend, speak and vote at the EGM. Weida - Notice of EGM.pdf
Outcome
On behalf of Weida (M) Bhd ("Weida"), HwangDBS Investment Bank Berhad is pleased to inform that the Extraordinary General Meeting ("EGM") of Weida in relation to the proposed disposals by Weida to TH Plantations Berhad of:
A) 7,500,0000 Class B ordinary shares of RM1.00 each in Bumi Suria Ventures Sdn Bhd ("BSV") representing 51.43% equity interest of BSV for an indicative cash consideration of RM109,290,807; and
B) 1,151,998 ordinary shares of RM1.00 each in Maju Warisanmas Sdn Bhd ("MWM") representing 100% equity interest of MWM for an indicative cash consideration of RM42,081,000,
was duly convened and held on Tuesday, 19 February 2013.
At the said meeting, the resolutions as set out in the Notice of EGM dated 30 January 2013 were approved by the shareholders.
This announcement is dated 19 February 2013.
Remark
-
Market Buzz
No result.
Discussions
Be the first to like this. Showing 0 of 0 comments
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....