Announcements

Date : 16 January 2014

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

TypeAnnouncement
SubjectTRANSACTIONS (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 previous announcements in relation to the Proposed Acquisition.

Unless otherwise stated, defined terms in this announcement shall carry the same meanings as defined in the first announcement dated 28 December 2012.

On behalf of the Company, AmInvestment Bank Berhad wishes to announce that as at the date of this announcement, the Due Diligence is still ongoing and the Company and the Vendor are still in the midst of procuring and fulfilling the Conditions Precedent of the SPA.

This announcement is dated 16 January 2014.


Announcement Info

Company NamePROTASCO BERHAD  
Stock Name PRTASCO    
Date Announced16 Jan 2014  
CategoryGeneral Announcement
Reference NoMB-140115-59549

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