The Board of Directors of SCC Holdings ("Board") wishes to announce that the Company had on 27 August 2010 acquired the entire issued and paid up share capital of SCC Food comprising two (2) ordinary shares of RM1.00 each for a total cash consideration of RM2.00 from the vendors of SCC Food namely Cher Sew Seng and Goh Ah Heng @ Goh Keng Chin.
Further details of the Acquisition are set out in the attachment below.
This announcement is dated 27 August 2010.