1. Details of Corporate Proposal
|
Whether the corporate proposal involves the issuance of new type and new class of securities? |
No |
Types of corporate proposal |
Acquisitions |
Details of corporate proposal |
ISSUANCE OF 17,900,000 ORDINARY SHARES OF RM1.00 EACH IN BRAHIM’S HOLDINGS BERHAD AT RM1.00 EACH AS PART OF THE CONSIDERATION FOR THE ACQUISITION OF 60% EQUITY INTEREST IN ADMUDA SDN BHD FOR A PURCHASE CONSIDERATION OF RM20.0 MILLION TO BE SATISFIED VIA COMBINATION OF CASH OF RM2.1 MILLION AND THE ISSUANCE OF 17,900,000 ORDINARY SHARES OF RM1.00 EACH IN BRAHIM’S HOLDINGS BERHAD PURSUANT TO THE SHARE SALE AGREEMENT DATED 13 FEBRUARY 2012 (“ISSUANCE”) |
No. of shares issued under this corporate proposal |
17,900,000 |
Issue price per share ($$) |
MYR 1.000 |
Par Value ($$) |
MYR 1.000 |
Latest issued and paid up share capital after the above corporate proposal in the following
|
Units |
214,805,000 |
Currency |
MYR 214,805,000.000 |
Listing Date |
17/07/2012 |