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BackJun 21, 2017
Type Announcement
Subject OTHERS
Description

SUBSCRIPTION OF ADDITIONAL 1,715,000 NEW ORDINARY SHARES IN KPS-HCM SDN BHD, (KPS-HCM) BY KUMPULAN PERANGSANG SELANGOR BERHAD (PERANGSANG SELANGOR OR COMPANY)

Pursuant to Paragraph 9.19(23) of Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of Perangsang Selangor wishes to announce that Perangsang Selangor had on 21 June 2017, entered into a Subscription Agreement  with HCM Engineering Sdn Bhd and KPS-HCM for the subscription of additional 1,715,000 new ordinary shares in its 30% associated company, KPS-HCM for a total cash consideration of RM1,715,000 (“Subscription”).

Further details on the Subscription  are set out in the attachment below.

This announcement is dated 21 June 2017.

 

 


Announcement Info

Company Name KUMPULAN PERANGSANG SELANGOR BERHAD
Stock Name KPS
Date Announced 21 Jun 2017
Category General Announcement for PLC
Reference Number GA1-20062017-00018

Attachments

  1. Press_Release.pdf (Size: 264,020 bytes)
  2. Proposed_Subscription_in_KPS-HCM.pdf (Size: 17,048 bytes)