General Announcement for PLC

07/12/2018

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS PARLO BERHAD ("PARLO" OR "COMPANY") - PROPOSED ACQUISITION OF RK TRAVELS SDN. BHD.

PARLO BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description 
PARLO BERHAD ("PARLO" OR "COMPANY") - PROPOSED ACQUISITION OF RK TRAVELS SDN. BHD.
 
Reference is made to the announcements dated 12 March 2018 and 11 June 2018 in relation to the Proposed Acquisition of RK Travels.

Unless otherwise stated, all definitions and terms used in the earlier announcements in relation to the Proposed Acquisition of RK Travels shall apply herein.

The Board of Directors of Parlo wishes to announce that Nautical Angle Sdn. Bhd., a wholly-owned subsidiary of the Company had on 7 December 2018 terminated the SSA with the Vendors due to the Vendors' failure to fulfill the conditions precedents as stipulated in the SSA. The Proposed Acquisition of RK Travels is deemed to be aborted with effect from 7 December 2018.

This announcement is dated 7 December 2018.



Announcement Info

Company Name PARLO BERHAD
Stock Name PARLO
Date Announced 07 Dec 2018
Category General Announcement for PLC
Reference Number GA1-04122018-00074


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