General Announcement

30/12/1999

ACQUISITION OF THE REMAINING SHARES OF MESINIAGA-TACTICS SDN. BHD. (MTSB) NOT ALREADY OWNED BY MESINIAGA BERHAD

MESINIAGA BERHAD

TypeAnnouncement
Subject
ACQUISITION OF THE REMAINING SHARES OF MESINIAGA-TACTICS SDN. BHD. (MTSB) NOT ALREADY OWNED BY MESINIAGA BERHAD

Contents :

Mesiniaga Berhad owns 51% share of Mesiniaga-Tactics Sdn. Bhd. (MTSB) which has a paid-up capital of RM50,000.


We are pleased to announce that we are now acquiring the remaining 49% share of the company for a total cash consideration of RM24,500.

This transaction has no impact on Mesiniaga revenue and profit in the immediate future.


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Announcement Info

Company NameMESINIAGA BERHAD  
Stock Name MSNIAGA
Date Announced30 Dec 1999  
CategoryGeneral Announcement
Reference NoMM-991230-59098