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BackDec 17, 2018
Type Announcement
Subject OTHERS
Description

KUMPULAN PERANGSANG SELANGOR BERHAD (PERANGSANG SELANGOR OR COMPANY) PROPOSED DISPOSAL BY SYARIKAT PENGELUAR AIR SELANGOR HOLDINGS BERHAD (SPLASH HOLDINGS), AN INDIRECT 30% ASSOCIATED COMPANY OF PERANGSANG SELANGOR, OF THE ENTIRE EQUITY INTEREST AND REDEEMABLE UNSECURED LOAN STOCKS (RULS) OF SPLASH HOLDINGS' WHOLLY-OWNED SUBSIDIARY, SYARIKAT PENGELUAR AIR SUNGAI SELANGOR SDN BHD (SPLASH) TO PENGURUSAN AIR SELANGOR SDN BHD (AIR SELANGOR) (PROPOSED DISPOSAL)

Reference is made to the earlier announcements dated 3 August 2018, 9 August 2018, 14 September 2018 and 28 September 2018 in relation to Air Selangor’s proposed purchase of 100% equity interest and RULS held by SPLASH Holdings in SPLASH. Unless otherwise stated, words and phrases used in this announcement shall have the same meanings as defined in the aforesaid announcements.

 

Pursuant to Paragraph 9.03 of Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“MMLR”), the Board of Directors of Perangsang Selangor, save for the Interested Directors, wishes to announce that Air Selangor and SPLASH Holdings (being the Company’s indirect 30% associated company) have mutually agreed to extend the Cut-Off Date to fulfil the Conditions Precedent in the SPA from 27 December 2018 to 28 February 2019.

 

This announcement is dated 17 December 2018.




Announcement Info

Company Name KUMPULAN PERANGSANG SELANGOR BERHAD
Stock Name KPS
Date Announced 17 Dec 2018
Category General Announcement for PLC
Reference Number GA1-17122018-00019