Additional Listing Announcement (ALA) |
Reference No OI-111027-40625 |
Submitting Merchant Bank |
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OSK INVESTMENT BANK BERHAD |
Company Name |
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JOHORE TIN BERHAD |
Stock Name |
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JOHOTIN |
Date Announced |
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27/10/2011 |
1. Details of Corporate Proposal | |||
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No | |
Types of corporate proposal |
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Acquisitions | |
Details of corporate proposal |
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Acquisition by Johore Tin Berhad (“JTB”) of the entire issued and paid-up share capital of Able Dairies Sdn Bhd comprising 1,500,000 ordinary shares of RM1.00 each from Kua Jin Guang @ Kau Kam Eng, Ng Keng Hoe, Lai Shin Lin and Lock Toh Peng for a purchase consideration of RM31,000,000 to be satisfied by cash amounting to RM27,000,000 and the issuance of 4,000,000 new ordinary shares of RM1.00 each in JTB (“JTB Shares”) at an issue price of RM1.00 per JTB Share (“Acquisition”) | |
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4,000,000 | |
Issue price per share ($$) |
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MYR 1.000 | |
Par Value ($$) |
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MYR 1.000 | |
Latest issued and paid up share capital after the above corporate proposal in the following | |||
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69,979,000 | |
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MYR 69,979,000.000 | |
Listing Date |
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28/10/2011 |
Remarks : |
This announcement is dated 27 October 2011. |