EVERGREEN FIBREBOARD BERHAD ("EFB" or "the Company") ~ ACQUISITION OF 2,500,000 ORDINARY SHARES OF RM1.00 EACH REPRESENTING 100% OF THE PAID-UP CAPITAL OF EVERGREEN ADHESIVE & CHEMICALS (GURUN) SDN BH

General Announcement
Reference No CC-101230-36711

 

Company Name
:
 EVERGREEN FIBREBOARD BERHAD
Stock Name
:
 EVERGRN
Date Announced
:
 03/01/2011




Type
:
 Announcement
Subject
:
EVERGREEN FIBREBOARD BERHAD ("EFB" or "the Company")
~ ACQUISITION OF 2,500,000 ORDINARY SHARES OF RM1.00 EACH REPRESENTING 100% OF THE PAID-UP CAPITAL OF EVERGREEN ADHESIVE & CHEMICALS (GURUN) SDN BHD ("Acquisition")

Contents
:
On behalf of the Board of Directors of EFB, we wish to announce that the Company had on 31 December 2010 acquired 2,500,000 ordinary shares of RM1.00 each representing 100% of the paid-up capital of Evergreen Adhesive & Chemicals (Gurun) Sdn Bhd ("EACG") from Liao Sock Min (NRIC No. 790621-01-6160) and Zarina Binti Ahmad (NRIC No. 700117-08-5894) (collectively known as "Vendor") at a cash consideration of RM2,500,000.00 (Ringgit Malaysia Two Million and Five Hundred Thousand Only). With this Acquisition, EACG will become a wholly-owned subsidiary of EFB.

The details of the Acquisition are attached below.

This announcement is dated 3 January 2010

Attachments
:
 KMBT35020101230051427.pdf

Announcement Details :

 

 

 

 

 

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06-Jun-2011