Bursa Announcement
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Date : 27 November 2013
OTHERS PROPOSED DISPOSAL OF 100% EQUITY INTEREST IN GTC GLOBAL SDN BHD BY GAPURNA GLOBAL SOLUTIONS SDN BHD, A WHOLLY OWNED SUBSIDIARY OF MRCB
| MALAYSIAN RESOURCES CORPORATION BERHAD |
| Type | Announcement |
| Subject | OTHERS |
| Description | PROPOSED DISPOSAL OF 100% EQUITY INTEREST IN GTC GLOBAL SDN BHD BY GAPURNA GLOBAL SOLUTIONS SDN BHD, A WHOLLY OWNED SUBSIDIARY OF MRCB |
Malaysian Resources Corporation Berhad wishes to announce that its wholly-owned subsidiary, Gapurna Global Solutions Sdn Bhd (“GGS”) had today entered into a conditional Share Sale Agreement (“SSA”) with Telekom Malaysia Berhad (“TM” or the “Purchaser”) for the disposal of its entire equity interest in GTC Global Sdn Bhd (“GTC”) comprising 1,000,000 ordinary shares of RM1.00 each and 125,000 redeemable preference shares of RM1.00 each for a total consideration of RM45 million which will be satisfied via cash (“Proposed Disposal”). Attached herewith detailed announcement on the Proposed Disposal. | |
Announcement Info
| Company Name | MALAYSIAN RESOURCES CORPORATION BERHAD |
| Stock Name | MRCB |
| Date Announced | 27 Nov 2013 |
| Category | General Announcement |
| Reference No | MR-131127-50114 |
