The Board of Directors of LUSTER INDUSTRIES BHD ("LUSTER") wishes to announce that its wholly-owned subsidiary, Luster Precision Engineering Sdn Bhd (“LPE”) had on 24 February 2014 acquired the entire issued and paid-up share capital of Pembinaan LSP Jaya Sdn. Bhd. ("PLSP"), a private limited company incorporated in Malaysia under the Companies Act, 1965 on 19 February 2014, with an authorised share capital of RM400,000.00 comprising of 400,000 ordinary shares of RM1.00 each, of which 2 ordinary shares of RM1.00 each have been issued and fully paid-up, for a cash consideration of RM2.00 (the "Acquisition") from Puan Hasliza Binti Mat Hushin and Puan Farah Hasnina Binti Abd Hadi.
Pursuant to the Acquisition, PLSP becomes a wholly-owned subsidiary of LPE. PLSP is presently dormant.
None of the Directors and/or substantial shareholders of LUSTER and persons connected to them have any interest, direct or indirect, in the Acquisition.
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....
Posted by hepitrade > 2014-01-02 18:04 | Report Abuse
What say you, bro & sis ?