General Announcement for PLC
30/10/2015TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS ACQUISITION OF 51% OF THE ISSUED AND PAID-UP CAPITAL OF MASBE COFFEE SDN. BHD.
O&C RESOURCES BERHAD |
Type | Announcement |
Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
Description | ACQUISITION OF 51% OF THE ISSUED AND PAID-UP CAPITAL OF MASBE COFFEE SDN. BHD. |
Further to the announcement made on 30 July 2015 and 3 August 2015 pertaining to the Letter of Offer from Makok Intl Sdn. Bhd. (“MISB”), the Board of Directors of O&C Resources Berhad (formerly known as Takaso Resources Berhad) ("OCR" or the "Company") wishes to announce that the Company had on today, 30 October 2015, entered into a Share Sale Agreement (“SSA”) to acquire 51 ordinary shares of RM1.00 each representing fifty one per centum (51%) of the issued and paid-up share capital of Masbe Coffee Sdn. Bhd. from MISB for a cash consideration of RM5,000,000 (the “Acquisition”). Please refer to the attachment for details of the Acquisition. This announcement is dated 30 October 2015. |
Please refer attachment below.
Attachments |
Announcement Info
Company Name | O&C RESOURCES BERHAD |
Stock Name | OCR |
Date Announced | 30 Oct 2015 |
Category | General Announcement for PLC |
Reference Number | GA1-30102015-00064 |
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