General Announcement

06/08/2007

DAYA MATERIALS BERHAD ("DMB" or "the Company") PROPOSED ACQUISITION OF CMT (PENANG) SDN BHD ("CMT")

DAYA MATERIALS BERHAD

Type

Announcement
SubjectDAYA MATERIALS BERHAD ("DMB" or "the Company")
PROPOSED ACQUISITION OF CMT (PENANG) SDN BHD ("CMT")

Contents :

The Board of Directors of DMB is pleased to announce that the Company had on 6 August 2007 entered into the following agreements:-
    (i) a sale and purchase agreement for shares (CMT SPA) with Goo Bak Hoo @ Goh Bak Hoe, Bong Hock Kim, Chan Thiam Fook, Chin Choon Guan and Chen Soon Loy (collectively CMT Vendors) in respect of the proposed acquisition of 750,000 ordinary shares of RM1.00 each representing 30% of the issued and paid-up share capital of CMT (Penang) Sdn Bhd (CMT) for a cash consideration of RM7,200,000
    (Proposed Acquisition of CMT); and

    (ii) a shareholders agreement (CMT SHA) with CMT Vendors.

    Please refer to the attached document for the full text of the announcement pertaining to the abovementioned
    Proposed Acquisition.

    Daya Announcement Acqn of CMT-Final.pdf

    This announcement is dated 6 August 2007.

    Announcement Info

    Company NameDAYA MATERIALS BERHAD (MESDAQ Market) 
    Stock Name DAYA
    Date Announced6 Aug 2007  
    CategoryGeneral Announcement
    Reference NoCC-070806-7A037



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