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