General Announcement for PLC
18/07/2017TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS MB WORLD GROUP BERHAD ("MB WORLD" OR "COMPANY") (I) PROPOSED ACQUISITION; (II) PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL; AND (III) PROPOSED AMENDMENT (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
| MB WORLD GROUP BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS |
| Description | MB WORLD GROUP BERHAD ("MB WORLD" OR "COMPANY")
(I) PROPOSED ACQUISITION;
(II) PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL; AND
(III) PROPOSED AMENDMENT
(COLLECTIVELY REFERRED TO AS THE "PROPOSALS") |
|
We refer to the announcements made on 15 April 2016, 20 May 2016, 3 June 2016, 8 July 2016, 27 July 2016, 16 August 2016 and 18 January 2017 in relation to the Proposals (“Announcements”). For consistency, the defined terms set out in the Announcements shall apply herein, unless otherwise defined. The Board of Directors of MB World Group Berhad (“MB World” or “the Company”) wishes to announce the issuance of 61,767,241 ordinary shares as Consideration Shares on 18 July 2017 in respect of the Second Payment to KF Capital to fulfill the SSA Conditions Precedent. The Company’s enlarged capital following the issuance of 61,767,241 ordinary shares now stands at 157,377,141 ordinary shares. This announcement is dated 18 July 2017. |
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Announcement Info
| Company Name | MB WORLD GROUP BERHAD |
| Stock Name | MBWORLD |
| Date Announced | 18 Jul 2017 |
| Category | General Announcement for PLC |
| Reference Number | GA1-18072017-00025 |
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