TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): NON RELATED PARTY TRANSACTIONS OVERSEA ENTERPRISE BERHAD (317155-U) ("OVERSEA" OR THE "COMPANY") DISPOSAL OF INVESTMENT IN GRAND OCEAN RESTAURANT PTE. LTD. BY RESTORAN OVERSEA JV (INTERNATIONAL) SDN. BHD.(906990-M) (FORMERLY KNOWN AS RESTORAN OVERSEA JV (SINGAPORE) SDN. BHD.) ("ROJV"), A WHOLLY OWNED SUBSIDIARY OF OVERSEA ("DISPOSAL") - General Announcement - Malaysia Data

4,798,267,200

1,903,738,752

497

616

4,274

3,732

280,646

General Announcement

19/03/2013

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): NON RELATED PARTY TRANSACTIONS OVERSEA ENTERPRISE BERHAD (317155-U) ("OVERSEA" OR THE "COMPANY") DISPOSAL OF INVESTMENT IN GRAND OCEAN RESTAURANT PTE. LTD. BY RESTORAN OVERSEA JV (INTERNATIONAL) SDN. BHD.(906990-M) (FORMERLY KNOWN AS RESTORAN OVERSEA JV (SINGAPORE) SDN. BHD.) ("ROJV"), A WHOLLY OWNED SUBSIDIARY OF OVERSEA ("DISPOSAL")

Amended Announcements
Please refer to the earlier announcement reference number: CK130318-62858

OVERSEA ENTERPRISE BERHAD

Admission Sponsor	OSK Investment Bank Bhd
Sponsor	Same as above

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	OVERSEA ENTERPRISE BERHAD (317155-U) ("OVERSEA" OR THE "COMPANY") DISPOSAL OF INVESTMENT IN GRAND OCEAN RESTAURANT PTE. LTD. BY RESTORAN OVERSEA JV (INTERNATIONAL) SDN. BHD.(906990-M) (FORMERLY KNOWN AS RESTORAN OVERSEA JV (SINGAPORE) SDN. BHD.) ("ROJV"), A WHOLLY OWNED SUBSIDIARY OF OVERSEA ("DISPOSAL")
The Board of Directors of Oversea wishes to announce that ROJV, a wholly-owned subsidiary of Oversea, had on 15 March 2013 entered into a sale and purchase agreement with Grouper King Pte. Ltd. (UEN No. 201231447G) ("GKPL" or the "Purchaser") for the disposal of its entire investment in GOR comprising a total of 100,000 ordinary shares of SGD1.00 each (hereinafter referred to as the "Sale Shares") for a total cash consideration of SGD206,716.72 (equivalent to RM515,985.60) ("Disposal Consideration") which includes a six (6)-months security deposit which was previously paid by ROJV on behalf of GOR to Shaw Towers Realty (Pte) Ltd. (Registration No.: 197000629D) (the "Landlord") ("SPA"). Henceforth, GOR has ceased to be an indirect subsidiary of Oversea on even date. Further details of the Disposal are set out in the ensuing attachment. This announcement is dated 19 March 2013

Attachments

KONICA20130319185023.pdf
232 KB

Announcement Info

Company Name	OVERSEA ENTERPRISE BERHAD (ACE Market)
Stock Name	OVERSEA
Date Announced	19 Mar 2013
Category	General Announcement
Reference No	CK-130319-CFEBC

Related Announcements for OVERSEA

Date	Title
17/04/2015	NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS): FUND RAISING OVERSEA ENTERPRISE BERHAD ("OVERSEA" OR THE "COMPANY") PROPOSED SPECIAL BUMIPUTERA ISSUE OF 35,000,000 NEW ORDINARY SHARES OF RM0.20 EACH IN OVERSEA TO BUMIPUTERA INVESTORS TO BE IDENTIFIED AND/OR APPROVED BY THE MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY ("PROPOSED SPECIAL BUMIPUTERA ISSUE")
01/04/2015	OTHERS ACQUISITION OF ENTIRE SHARE CAPITAL OF RICH TASTES (CENTREPOINT) SDN. BHD.(“RTC”), A 65% EQUITY SUBSIDIARY OF RESTORAN OVERSEA JV (INTERNATIONAL) SDN. BHD. (906990-M) ("ROJV"), A WHOLLY OWNED SUBSIDIARY OF OVERSEA ("ACQUISITION")
13/03/2015	NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS): FUND RAISING OVERSEA ENTERPRISE BERHAD ("OVERSEA" OR THE "COMPANY") PROPOSED SPECIAL BUMIPUTERA ISSUE OF 35,000,000 NEW ORDINARY SHARES OF RM0.20 EACH IN OVERSEA TO BUMIPUTERA INVESTORS TO BE IDENTIFIED AND/OR APPROVED BY THE MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY ("PROPOSED SPECIAL BUMIPUTERA ISSUE")
24/02/2015	NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS): FUND RAISING OVERSEA ENTERPRISE BERHAD ("OVERSEA" OR THE "COMPANY") PROPOSED SPECIAL BUMIPUTERA ISSUE OF 35,000,000 NEW ORDINARY SHARES OF RM0.20 EACH IN OVERSEA TO BUMIPUTERA INVESTORS TO BE IDENTIFIED AND/OR APPROVED BY THE MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY ("PROPOSED SPECIAL BUMIPUTERA ISSUE")
05/02/2015	NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS): FUND RAISING OVERSEA ENTERPRISE BERHAD ("OVERSEA" OR THE "COMPANY") PROPOSED SPECIAL BUMIPUTERA ISSUE OF 35,000,000 NEW ORDINARY SHARES OF RM0.20 EACH IN OVERSEA TO BUMIPUTERA INVESTORS TO BE IDENTIFIED AND/OR APPROVED BY THE MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY ("PROPOSED SPECIAL BUMIPUTERA ISSUE")
09/10/2014	OTHERS OVERSEA ENTERPRISE BERHAD ("OVERSEA") INCORPORATION OF TAIWAN HAEWAYTIAN LIMITED, A WHOLLY-OWNED SUBSIDIARY OF RESTORAN OVERSEA JV (INTERNATIONAL) SDN. BHD., WHICH IN TURN IS A WHOLLY-OWNED SUBSIDIARY OF OVERSEA
08/08/2014	OTHERS Oversea Enterprise Berhad ("Oversea" or the "Company") Proposed Renewal of Shareholders' Mandate and New Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature ("Proposed Shareholders' Mandates")
08/08/2014	OTHERS OVERSEA ENTERPRISE BERHAD ("OVERSEA" OR THE "COMPANY") - PROPOSED SHARE BUY-BACK OF UP TO TEN PERCENT (10%) OF THE ISSUED AND PAID-UP SHARE CAPITAL OF OVERSEA
27/06/2014	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): NON RELATED PARTY TRANSACTIONS OVERSEA ENTERPRISE BERHAD (317155-U) (“OVERSEA” OR THE “COMPANY”) ACQUISITION OF PROPERTIES BY RESTORAN TSIM TUNG SDN. BHD. (673332-U) (“RTTSB”), A WHOLLY-OWNED SUBSIDIARY OF OVERSEA
20/06/2014	DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS): DEALINGS OUTSIDE CLOSED PERIOD