TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS MULPHA INTERNATIONAL BHD ("MIB") - DISPOSAL OF SHARES BY MULPHA STRATEGIC LIMITED (AN INDIRECT WHOLLY-OWNED SUBSIDIARY OF MIB) IN PBD DEVELOPMENTS LTD
| MULPHA INTERNATIONAL BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS |
| Description | MULPHA INTERNATIONAL BHD ("MIB")
- DISPOSAL OF SHARES BY MULPHA STRATEGIC LIMITED (AN INDIRECT WHOLLY-OWNED SUBSIDIARY OF MIB) IN PBD DEVELOPMENTS LTD |
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Pursuant to Chapter 10, Paragraph 10.08(1) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, we wish to announce that Mulpha Strategic Limited, a wholly-owned subsidiary of Mulpha Group Services Sdn Bhd, which in turn is a wholly-owned subsidiary of MIB has on 20 July 2015, disposed of its entire 19.9% equity interest in PBD Developments Ltd, comprising 1,292,591,459 shares, at the price of A$0.015 per share to Oasis Star Limited, a wholly-owned subsidiary of Tian An China Investments Company Limited for a total consideration of A$19,388,871.89. This announcement is dated 20 July 2015. |
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Please refer attachment below.
Announcement Info
| Company Name | MULPHA INTERNATIONAL BERHAD |
| Stock Name | MULPHA |
| Date Announced | 20 Jul 2015 |
| Category | General Announcement for PLC |
| Reference Number | GA1-20072015-00057 |
