OTHERS PROPOSED INVESTMENT IN WINVEST GLOBAL SDN. BHD. - General Announcement - Malaysia Data

4,798,267,200

1,903,738,752

497

616

4,274

3,732

280,646

General Announcement

04/07/2014

OTHERS PROPOSED INVESTMENT IN WINVEST GLOBAL SDN. BHD.

EXCEL FORCE MSC BERHAD

Type	Announcement
Subject	OTHERS
Description	PROPOSED INVESTMENT IN WINVEST GLOBAL SDN. BHD.
Reference is made to the article appeared on page 16 in Focus Malaysia today in relation to proposed acquisition of Winvest Global Sdn. Bhd. (Winvest) by Excel Force MSC Berhad (EForce or the Company). The Board of Directors of EForce wishes to announce that EForce is currently evaluating a proposed investment in Winvest. Currently, as terms of investment, the Company is in the midst of evaluating the proposed investment, the consideration and the percentage of equity participation are yet to be finalised for the time being. Upon finalization of the investment, the Company will make the necessary announcement accordingly. Winvest was incorporated in Malaysia on 28 June 2013 with an existing paid-up capital of RM2.00 comprising 2 ordinary shares of RM1.00 each. Winvest is principally engaged in provision of investment education and training services to investors. There is a synergy in the proposed investment in Winvest whereby EForce will ride on the existing clientele of the Company to promote the educational courses and investor related courses conducted by Winvest. None of the Directors and/or major shareholders of EForce and/or persons connected to them have any interest, direct or indirect, in the above proposed investment under evaluation. The Board of Directors of EForce is of the opinion that the said investment is in the best interest of the Company. This announcement is dated 4^th July 2014.

Announcement Info

Company Name	EXCEL FORCE MSC BERHAD
Stock Name	EFORCE
Date Announced	4 Jul 2014
Category	General Announcement
Reference No	CC-140704-64118

Related Announcements for EFORCE

Date	Title
03/04/2015	Kuala Lumpur High Court Guaman No. 22IP-5-03/2015 Writ of Summon and Statement of Claim - Capital Market Risk Advisor Sdn. Bhd. ("Writ of Summon")
01/04/2015	OTHERS Kuala Lumpur High Court Guaman No. 22IP-5-03/2015 Writ of Summon and Statement of Claim - Capital Market Risk Advisor Sdn. Bhd.
11/11/2014	OTHERS INVESTMENT IN A NEW SUBSIDIARY, WINVEST GLOBAL SDN. BHD.
25/07/2014	DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS): DEALINGS OUTSIDE CLOSED PERIOD
25/07/2014	DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS): DEALINGS OUTSIDE CLOSED PERIOD
24/07/2014	MULTIPLE PROPOSALS EXCEL FORCE MSC BERHAD (“EXCEL FORCE” OR “COMPANY”) (I) PROPOSED BONUS ISSUE OF WARRANTS; (II) PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL; AND (III) PROPOSED M&A AMENDMENTS (COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)
16/07/2014	DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS): DEALINGS OUTSIDE CLOSED PERIOD
02/07/2014	DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS): DEALINGS OUTSIDE CLOSED PERIOD
01/07/2014	MULTIPLE PROPOSALS EXCEL FORCE MSC BERHAD (“EXCEL FORCE” OR “COMPANY”) (I) PROPOSED BONUS ISSUE OF WARRANTS; (II) PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL; AND (III) PROPOSED M&A AMENDMENTS (COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)
22/05/2014	MULTIPLE PROPOSALS EXCEL FORCE MSC BERHAD (“EXCEL FORCE” OR “COMPANY”) (I) PROPOSED BONUS ISSUE OF WARRANTS; (II) PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL; AND (III) PROPOSED M&A AMENDMENTS (COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)