OTHERS NAIM INDAH CORPORATION BERHAD (“NICORP” OR “COMPANY”) - ACQUISITION OF SHELF COMPANY, CONSISTENT HARVEST PROPERTIES SDN BHD (COMPANY NO. 1065903-K)
NAIM INDAH CORPORATION BERHAD
Type Announcement Subject OTHERS Description NAIM INDAH CORPORATION BERHAD (“NICORP” OR “COMPANY”) - ACQUISITION OF SHELF COMPANY, CONSISTENT HARVEST PROPERTIES SDN BHD (COMPANY NO. 1065903-K)
The Board of Directors of the Company wishes to announce that the Company has on 27 November 2013 completed the acquisition of 100% equity interest comprising two (2) ordinary shares of RM1.00 each in a shelf company, Consistent Harvest Properties Sdn. Bhd. (Company No. 1065903-K) (“CHPSB”) for a total cash consideration of RM2.00 only, thus making CHPSB a wholly owned subsidiary of the Company (“Acquisition”). CHPSB was incorporated on 10 October 2013 in Malaysia and is currently dormant. CHPSB has an authorised share capital of RM400,000.00 divided into 400,000 ordinary shares of RM1.00 each and an issued and paid-up share capital of RM2.00. The Acquisition will not have any effect on the issued and paid-up share capital of the Company as well as the shareholdings of the substantial shareholders of the Company. The Acquisition is also not expected to have a material effect on the earnings, net assets and gearing of the Company and its Group of Companies for the financial year ending 31 December 2013. None of the Directors, major shareholders and/or persons connected with a Director or a major shareholder of the Company, have any interest, direct or indirect, in the Acquisition. This announcement is dated 27 November 2013.
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....
Tonylck
48 posts
Posted by Tonylck > 2013-11-27 18:25 | Report Abuse
what Harvest doing now...no voloum...