News

Transactions (Chapter 10 Of Listing Requirements) : Non Related Party Transactions

BackMar 27, 2018
Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description

PROPOSED ACQUISITION OF 100% EQUITY INTEREST IN CPI (PENANG) SDN BHD (CPI) BY KUMPULAN PERANGSANG SELANGOR BERHAD (PERANGSANG SELANGOR OR COMPANY) AND ITS NOMINEE, PERANGSANG DINAMIK SDN BHD (PDSB), A WHOLLY-OWNED SUBSIDIARY OF PERANGSANG SELANGOR (PROPOSED ACQUISITION)

The terms used herein shall, unless the context otherwise stated, bear the same meaning as those defined in the announcement of Perangsang Selangor in relation to the Proposed Acquisition dated 14 February 2018 and 19 March 2018.

Reference is made to the announcements dated 14 February 2018 and 19 March 2018 in relation to the Proposed Acquisition.

Perangsang Selangor wishes to announce that the Proposed Acquisition has been completed today in accordance with the terms of the SSA.

With effect from 27 March 2018, CPI has become an indirect wholly-owned subsidiary of Perangsang Selangor. Accordingly, PCM Manufacturing Sdn Bhd, a 60%-owned subsidiary of CPI, has also become an indirect subsidiary of Perangsang Selangor.

This announcement is dated 27 March 2018.

 





Announcement Info

Company Name KUMPULAN PERANGSANG SELANGOR BERHAD
Stock Name KPS
Date Announced 27 Mar 2018
Category General Announcement for PLC
Reference Number GA1-26032018-00042