TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): NON RELATED PARTY TRANSACTIONS PROTASCO BERHAD (“PB” OR THE “COMPANY”) - PROPOSED ACQUISITION OF 95,000,000 ORDINARY SHARES OF IDR 1,000 EACH IN PT ANGLO SLAVIC INDONESIA (“PT ASI”) (“PT ASI SHARE(S)”), REPRESENTING 76% EQUITY INTEREST IN PT ASI FROM PT ANGLO SLAVIC UTAMA (“PT ASU” OR “VENDOR”) (“PROPOSED ACQUISITION”)
| PROTASCO BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | PROTASCO BERHAD (“PB” OR THE “COMPANY”) - PROPOSED ACQUISITION OF 95,000,000 ORDINARY SHARES OF IDR 1,000 EACH IN PT ANGLO SLAVIC INDONESIA (“PT ASI”) (“PT ASI SHARE(S)”), REPRESENTING 76% EQUITY INTEREST IN PT ASI FROM PT ANGLO SLAVIC UTAMA (“PT ASU” OR “VENDOR”) (“PROPOSED ACQUISITION”) |
Reference is made to the Company’s announcements dated 28 December 2012, 28 June 2013, 1 August 2013, 3 September 2013, 30 September 2013 and 9 October 2013 in relation to the Proposed Acquisition (“Announcements”). Unless otherwise stated, defined terms in this announcement shall carry the same meanings as defined in the Announcements. On behalf of the Company, AmInvestment Bank Berhad wishes to announce that as at the date of this announcement, the Company and PT ASU are still in the midst of procuring and fulfilling the Conditions Precedent of the SPA. This announcement is dated 11 November 2013. | |
Announcement Info
| Company Name | PROTASCO BERHAD |
| Stock Name | PRTASCO |
| Date Announced | 11 Nov 2013 |
| Category | General Announcement |
| Reference No | MB-131111-61740 |