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Transactions (Chapter 10 Of Listing Requirements): Non Related Party Transactions

BackFeb 12, 2014
Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description ACQUISITION OF SUBSIDIARY BY KNUSFORD PROJECT MANAGEMENT SDN BHD (Formerly known as Knusford Autohaus Sdn Bhd)

The Board of Directors of Knusford Berhad ("the Company") wishes to announce that Knusford Project Management Sdn Bhd (formerly known as Knusford Autohaus Sdn Bhd), a wholly-owned subsidiary of the Company had on 12 February 2014 acquired the entire issued and paid-up share capital of Tetap Aman Kapital Sdn Bhd for a cash consideration of Ringgit Malaysia:  Two Only (RM2.00), resulting in Tetap Aman Kapital Sdn Bhd being the wholly-owned subsidiary of Knusford Project Management Sdn Bhd.

Tetap Aman Kapital Sdn Bhd was incorporated on 23 December 2013, with an authorised and issued and paid-up share capital of RM400,000.00 and RM2.00 respectively, and is currently dormant.

 


Announcement Info

Company Name KNUSFORD BERHAD  
Stock Name KNUSFOR    
Date Announced 12 Feb 2014  
Category General Announcement
Reference No KB-140121-42512