Circular/Notice to Shareholders
| TH PLANTATIONS BERHAD |
| Subject | CIRCULAR TO SHAREHOLDERS IN RELATION TO THE (I) PROPOSED ACQUISITIONS BY TH PLANTATIONS BERHAD (“THP”) OF THE ENTIRE EQUITY INTEREST IN TH LADANG (SABAH & SARAWAK) SDN BHD FOR A PURCHASE CONSIDERATION OF RM518,000,000 AND 70% EQUITY INTEREST IN TH BAKTI SDN BHD FOR A PURCHASE CONSIDERATION OF RM17,640,000, BOTH TO BE FULLY SATISFIED VIA THE ISSUANCE OF 209,234,375 ORDINARY SHARES OF RM0.50 EACH IN THP (“THP SHARES”) (“PROPOSED ACQUISITIONS”); (II) PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL OF THP FROM THE EXISTING RM350,000,000 COMPRISING 700,000,000 THP SHARES TO RM500,000,000 COMPRISING 1,000,000,000 THP SHARES; AND (III) PROPOSED AMENDMENT TO THE MEMORANDUM OF ASSOCIATION OF THP (PROPOSALS (I) TO (III) ARE COLLECTIVELY REFERRED TO AS THE “PROPOSALS”) |
Announcement Info
| Company Name | TH PLANTATIONS BERHAD |
| Stock Name | THPLANT |
| Date Announced | 22 Oct 2012 |
| Category | PDF Submission |
| Reference No | MI-121022-42277 |