General Announcement for PLC

13/05/2016

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS EXECUTION OF SUPPLEMENTAL AGREEMENT TO THE SHARES SALE AGREEMENT IN RELATION TO THE DISPOSAL OF 100% INTEREST IN TAKASO SC (THAILAND) LIMITED, A WHOLLY-OWNED SUBSIDIARY OF OCR, TO LAY HONG BERHAD

O&C RESOURCES BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description 
EXECUTION OF SUPPLEMENTAL AGREEMENT TO THE SHARES SALE AGREEMENT IN RELATION TO THE DISPOSAL OF 100% INTEREST IN TAKASO SC (THAILAND) LIMITED, A WHOLLY-OWNED SUBSIDIARY OF OCR, TO LAY HONG BERHAD

We refer to the announcements of the Company made on 2 October 2015, 4 February 2016 and 10 February 2016 in relation to the disposal of 200,000 units of ordinary shares of THB100 each in Takaso SC (Thailand) Limited ("TSC"), representing 100% interest in TSC, to Lay Hong Berhad (“LHB”).

The Board of Directors of OCR wishes to announce that the Company had on 13 May 2016 entered into a Supplemental Agreement (“SA”) with LHB, Ong Kah Hoe, Yong Mong Huay and Su Seong Yeen (collectively the “Vendors”) to amend specific clauses in the Shares Sale Agreement which was previously announced on 4 February 2016.

Please refer to the attached file for details of the announcement.

This announcement is dated 13 May 2016.


Please refer attachment below.


Announcement Info

Company Name O&C RESOURCES BERHAD
Stock Name OCR
Date Announced 13 May 2016
Category General Announcement for PLC
Reference Number GA1-13052016-00001


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