1 Dec 2011
TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
Author: admin | Filed under: Announcement
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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS |
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MESB BERHAD (“MESB” OR THE “COMPANY”)
Proposed disposal of Dynamic Communication Link Sdn Bhd for a total cash consideration of RM15,000,000.00 |
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announcement 01122011 |
Announcement Details/Table Section :
On behalf of the Board of Directors of MESB, HwangDBS Investment Bank Berhad wishes to announce that MESB has today, entered into a share sale agreement with Touch Mindscape Sdn Bhd for the disposal of 275,000 ordinary shares of RM1.00 each, representing 55% equity interest in Dynamic Communication Link Sdn Bhd, for a total cash consideration of RM15,000,000.00 (“Proposed Disposal”).
Further details on the Proposed Disposal are set out in the attachment.
This announcement is dated 1 December 2011. |
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