1. Bio Osmo wishes to announce that the Company had on 19 February 2014 acquired the entire issued and paid-up share capital comprising of 2 ordinary shares of RM1.00 each in Sinaran Strategik Sdn Bhd (Company No. 1043077-V) (“Sinaran”) for cash consideration of RM2.00 (“the Acquisition”).
2. Sinaran is a private limited company incorporated in Malaysia under the Companies Act, 1965 on 18 April 2013 with an authorized share capital of RM400,000.00 comprising of 400,000 ordinary shares of RM1.00 each of which 2 ordinary shares are issued and fully paid-up. Sinaran’s principal activity is general trading and is currently dormant. The name of the Company, Sinaran Strategik Sdn Bhd will subsequently be changed to Al Maurid Oil & Gas Sdn Bhd.
3. Bio Osmo acquired 1 share each from the following Related Parties: (i) En Harzani bin Azmi, a Substantial Shareholder of Bio Osmo; and (ii) En Auzir bin Mohd Yaacob, a Director and Shareholder of Bio Osmo.
4. The Related Parties are deemed interested in the Acquisition and have abstained themselves from Board deliberation and voting on the resolution approving the Acquisition. Save as disclosed, none of the other Directors, Major Shareholders and/or persons connected to them have any interest, direct or indirect, in the Acquisition.
Hopufully going to be oil and gas Company....Tgoffshore MD buy a lot of share in this company...wait with patience. Private placement not less than 20c.
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....
Risk Trader
3,942 posts
Posted by Risk Trader > 2014-02-07 01:40 | Report Abuse
Moving to new high....TP for tomorrow is 0.20 cent