News
Notice of Extraordinary General Meeting of FACB Industries Incorporated Berhad ("FACBII" Or the "Company")on: Proposed Disposal of 600,000 Ordinary Shares of RM1.00 Each Representing 60% Equity Interest in Beribu Ukiran Sdn Bhd ("BUSB"), a subsidiary of FACBII, to Karambunai Corp Bhd ("KCB") For a Total Cash Consideration of RM3,160,934 ("Proposed Disposal"); Proposed Novation to Dapan Holdings Sdn Bhd ("DHSB"), A Wholly Owned Subsidiary of KCB, of RM33,373,382 Being the Amount Due and Owing by BUSB to FACBII and to be Paid by DHSB to FACBII and the Repayment Thereto to Be Guaranteed By KCB ("Proposed Novation"); and Proposed Termination Of the Shareholders Agreement Dated 31 March 1997 Made Between FACBII And KCB In Relation To BUSB ("Proposed Termination") (Collectively The "Proposals")
BackSep 10, 2008
We refer to the Company's announcement to Bursa Malaysia Securities Berhad on 7 August 2008 in relation to the Proposals.
The Company will hold an Extraordinary General Meeting at Dewan Seri Pinang, Etiqa Twins, Level 3, 11 Jalan Pinang, 50450 Kuala Lumpur on 26 September 2008 at 10.30 a.m. and Circular To Shareholders dated 11 September 2008 will be despatched to shareholders.
The full text of the notice is attached herewith.
You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com .
The Company will hold an Extraordinary General Meeting at Dewan Seri Pinang, Etiqa Twins, Level 3, 11 Jalan Pinang, 50450 Kuala Lumpur on 26 September 2008 at 10.30 a.m. and Circular To Shareholders dated 11 September 2008 will be despatched to shareholders.
The full text of the notice is attached herewith.
You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com .
Attachments
- FACBII100908.pdf (Size: 22,346 bytes)