TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS Acquisition of 90% Equity Interest in Entopest Environmental Services Sdn Bhd
|Subject||TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Acquisition of 90% Equity Interest in Entopest Environmental Services Sdn Bhd
Further to the Company's announcement on 19 April 2016 on the above subject matter (Reference No : GA1-19042016-00056), the Company wishes to state that :
1. The Purchase Price shall be satisfied entirely by cash and will be financed via the internally generated funds of ACC; and
2. ACC or the Company do not foresee any immediate requirement for any financial commitment for its investment in Entopest apart from the Purchase Price.
(Definitions used in this announcement shall have the same meanings as in the announcement dated 19 April 2016 mentioned above).
This announcement is dated 20 April 2016.
|Company Name||ANCOM BERHAD|
|Date Announced||20 Apr 2016|
|Category||General Announcement for PLC|