The Board of Directors of SEB wishes to announce that the Company had on 03 December 2014 subscribed for a total of 600,000 ordinary shares of RM1.00 each in SELEKTA, representing 40% of the total enlarged issued capital of SELEKTA (Equity Investment in SELEKTA) for a total cash consideration of RM600,000.
There is no change in SEBs equity holding in SELEKTA, SELEKTA remained as a 40% owned associate of SEB
Please refer to the attached file for full text of the announcement.
This announcement is dated 03 December 2014.