The Board of Directors wishes to announce that upon the appointment of Executive Chairman, Datuk Idris Bin Haji Hashim, redesignation of Executive Director, Datuk Seri Krishna Kumar A/L Sivasubramaniam and Independent Non-Executive Chairman, Dato' Hamzah Bin Mohd Salleh with effective from 11 January 2010, the Board of Directors of Bio Osmo shall consist of the followings: -
(1) Datuk Idris Bin Haji Hashim - Executive Chairman (2) Datuk Seri Krishna Kumar A/L Sivasubramaniam - Managing Director (3) Dato' Hamzah Bin Mohd Salleh - Independent Non-Executive Director (4) En Auzir Bin Mohd Yaacob - Non-Independent Non-Executive Director (5) Mr Wong Kok Seong - Independent Non-Executive Director
On behalf of the Board, M&A Securities wishes to announce that Bio Osmo had on 5 November 2018 entered into a supplemental agreement in relation to the proposed acquisition of Impiana Cherating with Impiana SB and Dato’ Yahya to amend certain terms and conditions of the Impiana Cherating SSA.
Further details are set out in the attachment below.
TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS PROPOSED DISPOSAL OF 100% EQUITY INTEREST IN AMSHORE HOLDINGS SDN BHD TO START SPHERE SDN BHD BY BIO OSMO BERHAD BIO OSMO BERHAD
Type Announcement Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS Description PROPOSED DISPOSAL OF 100% EQUITY INTEREST IN AMSHORE HOLDINGS SDN BHD TO START SPHERE SDN BHD BY BIO OSMO BERHAD The Board of Directors of Bio Osmo Berhad (“Bio Osmo”) wishes to announce that Bio Osmo had on 13 November 2018 entered into a share sale agreement with Start Sphere Sdn Bhd (Company No. 1231209-V), a company incorporated in Malaysia, to dispose 100% equity interest in Amshore Holdings Sdn Bhd (Company No. 463528-P) comprising 59,388,602 ordinary shares for a total cash consideration of RM2,500,000.00 (“Proposed Disposal”).
Please refer to the attachment for full details of the Proposed Disposal.
KUALA LUMPUR (Nov 13): Bio Osmo Bhd is disposing of its loss-making bottled drinking water business for RM2.5 million in line with its plan to focus on hospitality businesses.
Bio Osmo signed a total of six share sale agreements to acquire hotels under the Impiana brand in Kuala Lumpur, Ipoh and Cherating, commercial land in Pangkor, as well as the hotel management company of Impiana for a total purchase consideration of RM425.9 million.
The group's share price closed unchanged at four sen today, giving it a market capitalisation of RM31.82 million.
today Proposed Disposal... which mean last few days ppl selling a lot due to this news... so wait for next announcement , but of cos before the announcement out it will move the share.
summary ... internal play all. we as an external just keep and wait.
Hi Speed123, hkhk and Takashi, seen like this share only got few of us interested and trust this share is a Black Gold just about to be discover by others soon...
My 2 cents worth of advice to myself and may be you are keen to know too is when buy a share I will always put myself as one of the business owner too and when we invest and we will never get ROI immediately so its take time.
Thus, if the company doing well and start to give back our return of investment and I would not sell it as long the business is still growing.
Hope we able to see this happen in 2019. Good luck and all the best to us as Shareholder of Bioosmo.
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....
hkhk
2,066 posts
Posted by hkhk > 2018-11-01 17:14 | Report Abuse
Haha. If retailer want to sell dah lama sell lo.