General Announcement

19/07/1999

ANNOUNCEMENT TO THE KUALA LUMPUR STOCK EXCHANGE ON BEHALF OF COUNTRY HEIGHTS HOLDINGS BERHAD BY MALAYSIAN INTERNATIONAL MERCHANT BANKERS BERHAD RELATING TO A PROPOSED INVESTMENT IN SWEEPSTAKE RELATED ACTIVITIES BY WAY OF A SUBSCRIPTION OF SHARES IN NUSA PASIFIK SDN BHD (WHICH OWNS 100% OF PAN MALAYSIAN SWEEPS SDN BHD) IN EXCHANGE FOR SHARES PRESENTLY HELD IN LONDON INTERNATION EXHIBITION CENTRE HOLDINGS LTD (FORMERLY KNOWN AS BAYGOLD LIMITED)

COUNTRY HEIGHTS HOLDINGS BHD

Type

Announcement
SubjectANNOUNCEMENT TO THE KUALA LUMPUR STOCK EXCHANGE ON BEHALF OF COUNTRY HEIGHTS HOLDINGS BERHAD BY MALAYSIAN INTERNATIONAL MERCHANT BANKERS BERHAD RELATING TO A PROPOSED INVESTMENT IN SWEEPSTAKE RELATED ACTIVITIES BY WAY OF A SUBSCRIPTION OF SHARES IN NUSA PASIFIK SDN BHD (WHICH OWNS 100% OF PAN MALAYSIAN SWEEPS SDN BHD) IN EXCHANGE FOR SHARES PRESENTLY HELD IN LONDON INTERNATION EXHIBITION CENTRE HOLDINGS LTD (FORMERLY KNOWN AS BAYGOLD LIMITED)

Contents :

The Board of Directors of Country Heights Holdings Berhad has authorised Malaysian International Merchant Bankers Berhad to release the following announcement:-


QUOTE :-

1. INTRODUCTION

1.1 The Board of Directors of Country Heights Holdings Berhad (CHHB or Company) wishes to announce that the Company together with its wholly-owned subsidiary companies, Knowledge Farm Sdn Bhd (KFSB) and Best Golden Inc. (Best Golden), had on 17 July 1999 entered into a conditional sale and purchase agreement (S&P) with Usaha Tegas Sdn Bhd (UTSB), Nusa Pasifik Sdn Bhd (Nusa Pasifik) and Visionary Properties Limited (Vision), involving the following Proposal :-

For full details of this announcement, please refer to the attachment.
CHHB (MM-990716-73260).pdf

Attachments

CHHB (MM-990716-73260).pdf
179 KB


Announcement Info

Company NameCOUNTRY HEIGHTS HOLDINGS BHD  
Stock Name CHHB
Date Announced19 Jul 1999  
CategoryGeneral Announcement
Reference NoMM-990716-73260

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