(Unless otherwise defined in this
announcement, all terms used herein shall have the same meaning as those
defined in the announcement dated 5 March 2014)
Reference
is made to the Companys announcement dated 5 March 2014.
The Board of Directors of Destini Berhad
(Destini or the Company) is pleased to
announce that :-
i) all
the conditions precedent have been fulfilled pursuant to the SSA dated 5 March
2014 in relation to the Acquisition of New Subsidiary; and
ii) the
balance ninety percent (90%) of the Purchase Price had been paid by the Company
to the Vendors Solicitors on 4 June 2014 in accordance with the provision
stipulated in the SSA.
marking
the completion of Acquisition
of New Subsidiary.
This announcement is
dated 4 June 2014.