Bursa Announcements
Date : 11 March 2002
Circular/Notice to Shareholders
MALAYSIA SMELTING CORPORATION BERHAD |
Subject | CIRCULAR TO SHAREHOLDERS in relation to:- PROPOSED ACQUISITION OF 2,000,000 ORDINARY A CLASS SHARES OF AUD1.00 EACH AND 2,000,000 ORDINARY B CLASS SHARES OF AUD1.00 EACH REPRESENTING 100% OF THE EQUITY INTEREST IN KAJUARA MINING CORPORATION PTY LTD (''KAJUARA'') FROM ILUKA CORPORATION LIMITED (''ILUKA'') BY MALAYSIA SMELTING CORPORATION BERHAD OR A WHOLLY-OWNED SUBSIDIARY TO BE INCORPORATED FOR AN INITIAL CASH CONSIDERATION OF USD14,000,000 (APPROXIMATELY RM53,200,000), SUBJECT TO COMPLETION ADJUSTMENTS AND DEFERRED PAYMENTS OF NOT MORE THAN USD6,000,000 (APPROXIMATELY RM22,800,000) BASED ON THE AVERAGE TIN PRICE |
Content |
Announcement Info
Company Name | MALAYSIA SMELTING CORPORATION BERHAD |
Stock Name | MSC |
Date Announced | 11 Mar 2002 |
Category | Document Receipt |
Reference No | BB-020311-39362 |