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Bursa Announcements

Date : 11 December 2013

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): NON RELATED PARTY TRANSACTIONS TH PLANTATIONS BERHAD ("THP") - PROPOSED ACQUISITION BY THP OF 93% EQUITY STAKE IN PT PERSADA KENCANA PRIMA

TH PLANTATIONS BERHAD

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionTH PLANTATIONS BERHAD ("THP")
- PROPOSED ACQUISITION BY THP OF 93% EQUITY STAKE IN PT PERSADA KENCANA PRIMA
We refer to our announcement made on 11 November 2011.
The Board of Directors of THP wishes to announce that the parties to the Proposed Acquisition by THP of 93% equity stake in PT Persada Kencana Prima ("PT PKP") had executed the Akta Jual Beli before an Indonesian Notary in Jakarta on 9 December 2013, resulting in the transfer of shares pursuant to the Indonesian Company Law No. 40 of 2007. Upon the receipt of the Indonesian Ministry of Law and Human Rights decree for the changes of the Articles of Association of PT PKP reflecting THP as the new shareholder of PT PKP, PT PKP shall be a 93%-owned subsidiary of THP.

This announcement is dated 11 December 2013.



Announcement Info

Company NameTH PLANTATIONS BERHAD  
Stock Name THPLANT    
Date Announced11 Dec 2013  
CategoryGeneral Announcement
Reference NoTP-131209-55205
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