Additional Listing Announcement

17/01/2018

Additional Listing Announcement

PARLO BERHAD

1. Details of Corporate Proposal

Involve issuance of new type/class of securities ? No
Types of corporate proposal Acquisitions
Details of corporate proposal ACQUISITION OF 1,600,000 ORDINARY SHARES REPRESENTING THE ENTIRE EQUITY INTEREST OF PARLO TOURS SDN BHD FOR A TOTAL PURCHASE CONSIDERATION OF RM25,000,000 TO BE SATISFIED ENTIRELY VIA THE ISSUANCE OF 250,000,000 NEW ORDINARY SHARES IN PARLO BERHAD ("PARLO SHARES") AT AN ISSUE PRICE OF RM0.10 PER PARLO SHARE ("ACQUISITION")
No. of shares issued under this corporate proposal 250,000,000
Issue price per share ($$) Malaysian Ringgit (MYR)   0.1000
Par Value($$) (if applicable)  
Latest issued share capital after the above corporate proposal in the following
Units 260,000,000
Issued Share Capital ($$) Malaysian Ringgit (MYR) 26,000,000.000
Listing Date 18 Jan 2018


Remarks :
The listing of 250,000,000 new Parlo Shares pursuant to the Acquisition marks the completion of the Acquisition.


Announcement Info

Company Name PARLO BERHAD
Stock Name PARLO
Date Announced 17 Jan 2018
Category Additional Listing Announcement
Reference Number ALA-17012018-00005


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