OTHERS SUNZEN BIOTECH BERHAD (“the Company”) - Acquisition of shares in Sunzen Eservices Sdn. Bhd. - General Announcement - Malaysia Data

4,798,267,200

1,903,738,752

497

616

4,274

3,732

280,646

General Announcement

06/01/2015

OTHERS SUNZEN BIOTECH BERHAD (the Company) - Acquisition of shares in Sunzen Eservices Sdn. Bhd.

SUNZEN BIOTECH BERHAD

Type	Announcement
Subject	OTHERS
Description	SUNZEN BIOTECH BERHAD (the Company) - Acquisition of shares in Sunzen Eservices Sdn. Bhd.
The Board of Directors is pleased to announce that the Company had on 6 January 2015 acquired 100 ordinary shares of RM0.10 each in Sunzen Eservices Sdn. Bhd. (SESB) from Mr. Chang Teck Chee @ Chug Teck Chee and Mr. Phang Tong Eng, representing 100% of the total issued and paid-up share capital of SESB for a total cash consideration of RM10.00 (Acquisition). In consequence thereof, SESB shall become a wholly-owned subsidiary of the Company. The authorised share capital of SESB is RM400,000.00 divided into 4,000,000 ordinary shares of RM0.10 each and the paid-up capital is RM10.00 divided into 100 ordinary shares of RM0.10 each. The business activity of SESB is providing solutions in the areas of self-service machines and universal delivery systems and information technology services. The Directors of SESB are:- (a) Mr. Chang Teck Chee @ Chug Teck Chee; and (b) Mr. Phang Tong Eng. The Acquisition would not have material effect on the Groups earnings per share, net assets per share, gearing, share capital and substantial shareholders shareholding for the financial year ending 31 December 2015. None of the Directors and/or Major Shareholders of the Company and/or persons connected to them has any interest, direct or indirect, in the Acquisition. This announcement is dated 6 January 2015.

Announcement Info

Company Name	SUNZEN BIOTECH BERHAD (ACE Market)
Stock Name	SUNZEN
Date Announced	6 Jan 2015
Category	General Announcement
Reference No	CA-150105-45133

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