KUMPULAN PERANGSANG SELANGOR BERHAD (PERANGSANG SELANGOR OR COMPANY) CONSOLIDATION OF THE SELANGOR WATER INDUSTRY PROPOSED PURCHASE OF 100% EQUITY INTEREST HELD BY SYARIKAT PENGELUAR AIR SELANGOR HOLDINGS BERHAD (SPLASH HOLDINGS) IN SYARIKAT PENGELUAR AIR SUNGAI SELANGOR SDN BHD (SPLASH) BY PENGURUSAN AIR SELANGOR SDN BHD (AIR SELANGOR)
Reference is made to the earlier announcements dated 3 August 2018 and 9 August 2018 in relation to Air Selangor’s proposed purchase of 100% equity interest held by SPLASH Holdings in SPLASH (“Offer”). Unless otherwise stated, words and phrases used in this announcement shall have the same meanings as defined in the aforesaid announcement.
Pursuant to Paragraph 9.03 of Bursa Malaysia Securities Berhad Main Market Listing Requirements, the Board of Directors of Perangsang Selangor wishes to announce that the Company’s 30% associated company, SPLASH Holdings and Air Selangor have mutually agreed to extend the execution of the SPA from 14 September 2018 to no later than 30 September 2018.
An announcement will be released in due course upon the execution of the SPA.
This announcement is dated 14 September 2018.
|Company Name||KUMPULAN PERANGSANG SELANGOR BERHAD|
|Date Announced||14 Sep 2018|
|Category||General Announcement for PLC|