General Announcement

01/07/2005

ACQUISITION OF A SUBSIDIARY COMPANY

RCE CAPITAL BERHAD

Type

Announcement
SubjectACQUISITION OF A SUBSIDIARY COMPANY

Contents :

The Board of Directors of RCE Capital Berhad ("the Company") wishes to announce that RCE Marketing Sdn Bhd, a subsidiary company of the Company, has on 1 July 2005 acquired the entire issued and paid-up share capital of Perfect Aspiration Sdn Bhd ("PASB"), comprising two (2) ordinary shares of RM1.00 each, for a cash consideration of RM2.00.


PASB was incorporated in Malaysia under the Companies Act, 1965 on 1 June 2005 and is currently dormant with an authorised capital of RM100,000.00 divided into 100,000 ordinary shares of RM1.00 each and an issued and paid-up capital of RM2.00 divided into two (2) ordinary shares of RM1.00 each.

None of the directors or major shareholders of the Company or persons connected with them has any interest, direct or indirect, in the acquisition of PASB.

This announcement is dated 1 July 2005.



Announcement Info

Company NameRCE CAPITAL BERHAD  
Stock Name RCECAP
Date Announced1 Jul 2005  
CategoryGeneral Announcement
Reference NoCU-050630-41629