OTHERS MULPHA INTERNATIONAL BHD PROPOSED SALE OF 100% EQUITY INTEREST IN BESTARI SEPANG SDN BHD, A WHOLLY OWNED SUBSIDIARY OF MULPHA INTERNATIONAL BHD
MULPHA INTERNATIONAL BERHAD |
Type | Announcement |
Subject | OTHERS |
Description | MULPHA INTERNATIONAL BHD PROPOSED SALE OF 100% EQUITY INTEREST IN BESTARI SEPANG SDN BHD, A WHOLLY OWNED SUBSIDIARY OF MULPHA INTERNATIONAL BHD |
The Board of Directors of Mulpha International Bhd (“MIB”) wishes to announce that MIB has on 7 September 2012 entered into a Share Sale Agreement (“SSA”) with Mula Holdings Sdn Bhd (“Purchaser”) to sell the entire equity interest in its wholly owned subsidiary, Bestari Sepang Sdn. Bhd. (“BSSB”) for a cash consideration of RM1.0 million (“Purchase Price”) (“Proposed Share Sale”). Please refer to the attached file for the full text of the announcement. This announcement is dated 10 September 2012.
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Announcement Info
Company Name | MULPHA INTERNATIONAL BERHAD |
Stock Name | MULPHA |
Date Announced | 10 Sept 2012 |
Category | General Announcement |
Reference No | MI-120910-52849 |