TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): RELATED PARTY TRANSACTIONS LATITUDE TREE HOLDINGS BERHAD (“LTHB” OR “COMPANY”) PROPOSED ACQUISITION OF ALL THE SUBSIDIARIES OF LATITUDE TREE INTERNATIONAL GROUP LTD. (“LTIGL”) FOR AN AGGREGATE CONSIDERATION OF SGD46,770,000.00 (RM117,018,540.00) (“PROPOSED ACQUISITIONS”)
| LATITUDE TREE HOLDINGS BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS |
| Description | LATITUDE TREE HOLDINGS BERHAD (“LTHB” OR “COMPANY”) PROPOSED ACQUISITION OF ALL THE SUBSIDIARIES OF LATITUDE TREE INTERNATIONAL GROUP LTD. (“LTIGL”) FOR AN AGGREGATE CONSIDERATION OF SGD46,770,000.00 (RM117,018,540.00) (“PROPOSED ACQUISITIONS”) |
This announcement is dated 30 December 2013. Reference is made to the announcements dated 5 February 2013, 28 February 2013, 15 March 2013, 28 March 2013, 9 May 2013, 2 August 2013, 21 August 2013 and 12 November 2013 in relation to the Proposed Acquisitions (“Earlier Announcements”) and the circular to shareholders of LTHB dated 5 August 2013 (“Circular”). Unless otherwise stated, the capitalised expressions used throughout this announcement shall have the same meanings respectively as defined in the Earlier Announcements and Circular. On behalf of the board of directors of LTHB, AmInvestment Bank Berhad wishes to inform that the expected completion date of the Proposed Acquisitions is revised from 31 December 2013 to 15 February 2014 to facilitate the transfer of the Sale Shares to LTHB. As stated in the Circular, the Long-Stop Date for the completion of the Proposed Acquisitions shall not be later than 30 June 2014 or such other date as may be agreed between LTHB and LTIGL. | |
Announcement Info
| Company Name | LATITUDE TREE HOLDINGS BERHAD |
| Stock Name | LATITUD |
| Date Announced | 30 Dec 2013 |
| Category | General Announcement |
| Reference No | MB-131227-65099 |
