General Announcement

20/02/2001

ACQUISITION OF 70% EQUITY INTEREST IN DOSHIN RUBBER PRODUCTS (M) SDN BHD ("DRP")

KOSSAN RUBBER INDUSTRIES BERHAD

TypeAnnouncement
SubjectACQUISITION OF 70% EQUITY INTEREST IN DOSHIN RUBBER PRODUCTS (M) SDN BHD ("DRP")

Contents :

We are pleased to inform that further to our announcement on 18.8.2000 on the above matter, the acquisition was completed on 20.2.2001 with the transfer of 407,879 ordinary shares of RM1.00 each, fully paid up, in DRP to our Company.


DRP had on 15.2.2001 increased its paid up share capital to RM582,684, by the allotment of an additional 452,684 ordinary shares of RM1.00 each, fully paid up, to settle the sum owing by DRP to the vendors.


Announcement Info

Company NameKOSSAN RUBBER INDUSTRIES BERHAD  
Stock Name KOSSAN
Date Announced20 Feb 2001  
CategoryGeneral Announcement
Reference NoKR-010220-58185

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