Proposed acquisition of the entire issued and paid-up share capital of Peninsula Securities Sdn Bhd ("PSSB"), comprising 100,000,000 ordinary shares of RM1.00 each, by K&N Kenanga Bhd, a wholly-owned subsidiary of K&N Kenanga Holdings Berhad ("K&N"), for a total cash consideration equal to the certified net tangible assets value of the PSSB group plus a fixed premium of RM72,000,000 ("Proposed Acquisition")
K & N KENANGA HOLDINGS BERHAD |
Contents :
Further to the Companys announcement dated 24 August 2001, the Board of Directors of K&N is pleased to announce that the Proposed Acquisition has been completed today.
Query Letter Contents :
Announcement Info
Company Name | K & N KENANGA HOLDINGS BERHAD |
Stock Name | KENANGA |
Date Announced | 30 Aug 2001 |
Category | General Announcement |
Reference No | K&-010830-63538 |