CORPORATE INFORMATION
FINANCIAL INFORMATION
INVEST IN US
NEWS & EVENTS
 

Bursa Announcements

Date : 27 February 2013

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): NON RELATED PARTY TRANSACTIONS TH PLANTATIONS BERHAD (“THP”) (I) PROPOSED ACQUISITION OF THE ENTIRE EQUITY INTEREST IN BUMI SURIA VENTURES SDN BHD FROM WEIDA (M) BHD (“WEIDA”), ENERSTAR SDN BHD, BONG SEN KUI AND LIEW TIEN HOW FOR AN INDICATIVE CASH CONSIDERATION OF RM212,504,000; AND (II) PROPOSED ACQUISITION OF THE ENTIRE EQUITY INTEREST IN MAJU WARISANMAS SDN BHD FROM WEIDA FOR AN INDICATIVE CASH CONSIDERATION OF RM42,081,000 (COLLECTIVELY THE “PROPOSED ACQUISITIONS”)

TH PLANTATIONS BERHAD

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionTH PLANTATIONS BERHAD (“THP”)

(I) PROPOSED ACQUISITION OF THE ENTIRE EQUITY INTEREST IN BUMI SURIA VENTURES SDN BHD FROM WEIDA (M) BHD (“WEIDA”), ENERSTAR SDN BHD, BONG SEN KUI AND LIEW TIEN HOW FOR AN INDICATIVE CASH CONSIDERATION OF RM212,504,000; AND

(II) PROPOSED ACQUISITION OF THE ENTIRE EQUITY INTEREST IN MAJU WARISANMAS SDN BHD FROM WEIDA FOR AN INDICATIVE CASH CONSIDERATION OF RM42,081,000

(COLLECTIVELY THE “PROPOSED ACQUISITIONS”)

We refer to the announcements dated 25 October 2012 and 20 February 2013 in relation to the Proposed Acquisitions.

On behalf of the Board of Directors of THP, RHB Investment Bank Berhad wishes to announce that the Proposed Acquisitions have been completed today in accordance with the terms of the share sale agreements dated 25 October 2012.

Following the completion of the Proposed Acquisitions, Bumi Suria Ventures Sdn Bhd and Maju Warisanmas Sdn Bhd are now wholly-owned subsidiaries of THP with effect from 27 February 2013.

This announcement is dated 27 February 2013.



Announcement Info

Company NameTH PLANTATIONS BERHAD  
Stock Name THPLANT    
Date Announced27 Feb 2013  
CategoryGeneral Announcement
Reference NoMI-130227-58685
Back

 
 
FINANCIAL INFORMATION
Quarterly Results
Annual Reports
Financial Highlights
Financial Statements
Factsheet Ratios
Quarterly Highlights
INVEST IN US
Interactive Stock Chart
Analyst Coverage
Investment Calculator
Glossary
IR Contact
Email Alerts
NEWS & EVENTS
Bursa Announcements
THP in the Media
Media Releases
JOIN US
CONTACT US
Copyright © 2019 TH Plantations Berhad (12696-M) | All rights reserved | Disclaimer
DESIGNED BY :