iconAnnouncements

Date : 20 May 2016

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS NYLEX (MALAYSIA) BERHAD (NYLEX) PROPOSED ACQUISITION OF 1,320,000 ORDINARY SHARES REPRESENTING 60% EQUITY INTEREST IN NYL LOGISTICS SDN BHD (FORMERLY KNOWN AS BERKAT KEJORA SDN BHD) (NYL)

NYLEX (MALAYSIA) BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
NYLEX (MALAYSIA) BERHAD (NYLEX)

PROPOSED ACQUISITION OF 1,320,000 ORDINARY SHARES REPRESENTING 60% EQUITY INTEREST IN NYL LOGISTICS SDN BHD (FORMERLY KNOWN AS BERKAT KEJORA SDN BHD) (NYL)

The Board of Directors of Nylex wishes to announce that Nylex had on 20 May 2016 entered into a share sale agreement for the acquisition of 1,320,000 ordinary shares in NYL representing 60% of the issued and paid-up share capital of NYL for a cash consideration of RM6,377,000. 

Please refer to the attachment for full details of this announcement.

This announcement is dated 20 May 2016.




Please refer attachment below.



Announcement Info

Company Name NYLEX (MALAYSIA) BERHAD
Stock Name NYLEX
Date Announced 20 May 2016
Category General Announcement for PLC
Reference Number GA1-20052016-00035



Back