General Announcement for PLC

07/06/2018

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS PARLO BERHAD (FORMERLY KNOWN AS CYBERTOWERS BERHAD) ("PARLO" OR "COMPANY") - PROPOSED SUBSCRIPTION OF 350,000 NEW ORDINARY SHARES IN TRAVEL IDEAS ONLINE SDN. BHD. WHICH WOULD RESULT IN TRAVEL IDEAS ONLINE SDN. BHD. BECOMING A 70%-OWNED SUBSIDIARY OF PARLO VIA PIONEER STREAMS CONSOLIDATED SDN. BHD. ("PROPOSED SUBSCRIPTION")

PARLO BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description 
PARLO BERHAD (FORMERLY KNOWN AS CYBERTOWERS BERHAD) ("PARLO" OR "COMPANY") - PROPOSED SUBSCRIPTION OF 350,000 NEW ORDINARY SHARES IN TRAVEL IDEAS ONLINE SDN. BHD. WHICH WOULD RESULT IN TRAVEL IDEAS ONLINE SDN. BHD. BECOMING A 70%-OWNED SUBSIDIARY OF PARLO VIA PIONEER STREAMS CONSOLIDATED SDN. BHD. ("PROPOSED SUBSCRIPTION")
 
Reference is made to the announcements dated 28 February 2018, 27 April 2018 and 28 May 2018 in relation to the Proposed Subscription.

Unless otherwise defined, the definitions set out in the earlier announcements in relation to the Proposed Subscription shall apply herein.

The Board wishes to announce that the Proposed Subscription has been completed on 7 June 2018 following the fulfillment of the Condition Precedent in accordance with the terms and conditions stated in the share subscription agreement dated 28 February 2018.

This announcement is dated 7 June 2018.



Announcement Info

Company Name PARLO BERHAD
Stock Name PARLO
Date Announced 07 Jun 2018
Category General Announcement for PLC
Reference Number GA1-07062018-00054


Related Announcements for PARLO
Date Title
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14/06/2022 OTHERS PARLO BERHAD ("PARLO" OR "THE COMPANY") - OFFER AND GRANT OF OPTIONS UNDER EMPLOYEES SHARE OPTION SCHEME
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15/04/2022 OTHERS PARLO BERHAD ("PARLO" OR "THE COMPANY") - APPOINTMENT OF NEW EXTERNAL AUDITORS
07/04/2022 TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS DISPOSAL OF ENTIRE 100% EQUITY INTEREST BY PARLO TOURS SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF PARLO IN PARLO GLOBAL MARKETING SDN. BHD., WHICH IN TURN OF IS AN INDIRECT WHOLLY-OWNED SUBSIDIARY OF PARLO ("DISPOSAL")
07/04/2022 OTHERS PARLO BERHAD ("PARLO" OR "COMPANY") - BUMIPUTERA EQUITY CONDITION
31/03/2022 OTHERS PARLO BERHAD ("PARLO" OR "THE COMPANY") - Resignation of Chief Operating Officer of the Company