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 (“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 (“VENDOR”) (“PROPOSED ACQUISITION”) |
This announcement is dated 28 December 2012. On behalf of the Board of Directors of PB (“Board”), AmInvestment Bank Berhad (“AmInvestment Bank”) is pleased to announce that PB, had on 28 December 2012 entered into a sale and purchase agreement (“SPA”) with PT ASU to acquire 95,000,000 PT ASI Shares (“Sale Shares”), representing 76% equity interest in PT ASI (“Proposed Acquisition”). | |
Announcement Info
| Company Name | PROTASCO BERHAD |
| Stock Name | PRTASCO |
| Date Announced | 28 Dec 2012 |
| Category | General Announcement |
| Reference No | MB-121228-63049 |