News
Transactions (Chapter 10 Of Listing Requirements):Non Related Party Transactions
BackOct 31, 2012
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | FACB INDUSTRIES INCORPORATED BERHAD ("FACB" OR THE "COMPANY") ACQUISITION BY FACB OF 5,249,999 ORDINARY SHARES OF RM1.00 EACH AND 7,000,000 PREFERENCE SHARES OF RM1.00 EACH IN RESTONIC (M) SDN BHD ("RESTONIC"), REPRESENTING 30% AND 100% OF THE ORDINARY SHARES AND PREFERENCE SHARES RESPECTIVELY IN RESTONIC FROM PACIFIC BRANDS HOLDINGS PTY LTD ("PACIFIC BRANDS") FOR A TOTAL PURCHASE CONSIDERATION OF RM6,709,955 TO BE FULLY SATISFIED VIA CASH ("ACQUISITION") |
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(The definitions used in this announcement shall have the same meanings as that used in the announcement dated 22 October 2012) Further to our announcements on 22 October 2012 and 24 October 2012 in respect of the above Acquisition, we are pleased to announce that the Acquisition was completed on 30 October 2012 in accordance with the terms of the agreement. This announcement is dated 31 October 2012. |
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Announcement Info
| Company Name | FACB INDUSTRIES INCORPORATED BERHAD |
| Stock Name | FACBIND |
| Date Announced | 31 Oct 2012 |
| Category | General Announcement |
| Reference No | FI-121030-61701 |