General Announcement for PLC

11/05/2015

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS SCC HOLDINGS BERHAD (SCCH OR THE COMPANY) ACQUISITION OF WHOLLY OWNED SUBSIDIARY COMPANY BY SCC CORPORATION SDN BHD (SCCC), A WHOLLY-OWNED SUBSIDIARY OF SCCH

SCC HOLDINGS BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description 
SCC HOLDINGS BERHAD (SCCH OR THE COMPANY)
ACQUISITION OF WHOLLY OWNED SUBSIDIARY COMPANY BY SCC CORPORATION SDN BHD (SCCC), A WHOLLY-OWNED SUBSIDIARY OF SCCH

The Board of Directors of SCCH wishes to announce that SCC Corporation Sdn Bhd, its wholly owned subsidiary of the Company had on 11 May 2015 acquired two (2) ordinary shares of RM1.00 each representing the entire issued and paid-up share capital of Knowledge Mission Sdn Bhd (Company No. 1132220-M) ("KMSB") for a total cash consideration of RM2.00 from unrelated parties.

KMSB was incorporated on 18 February 2015 as private company limited by shares under the Companies Act, 1965. The intended principal business of KMSB will be distribution of food, products, equipments and other trading products and services related thereto.

Following the acquisition, KMSB shall be a wholly-owned sub-subsidiary of SCCH.

This announcement is dated 11 May 2015.



Announcement Info

Company Name SCC HOLDINGS BERHAD
Stock Name SCC
Date Announced 11 May 2015
Category General Announcement for PLC
Reference Number GA1-11052015-00059


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