[SBAGAN] Acquisitions on 10-Oct-2024
Announcement Date
10-Oct-2024
Listing Date
11-Oct-2024
New Type/Class?
No
Type
Acquisitions
Details
ACQUISITION OF SUBSTANTIALLY ALL OF THE ASSETS AND LIABILITIES OF KUCHAI DEVELOPMENT BERHAD FOR A TOTAL CONSIDERATION OF RM267.78 MILLION, WHICH WILL BE SATISFIED THROUGH THE ALLOTMENT AND ISSUANCE OF 26,751,446 NEW ORDINARY SHARES IN SUNGEI BAGAN RUBBER COMPANY (MALAYA) BERHAD ("CONSIDERATION SHARES") AT AN ISSUE PRICE OF RM10.01 PER CONSIDERATION SHARE
No. of shared issued
26,751,446
Issue Price
Malaysian Ringgit (MYR) 10.010
Par Value
0.000
Total NOSH
93,084,091
Market Buzz
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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....
