News
Extraordinary General Meeting - Proposed Acquisitions
BackSep 11, 2009
| Type | Announcement |
| Subject | EXTRAORDINARY GENERAL MEETING - PROPOSED ACQUISITIONS |
| Contents | On behalf of the Board of Directors of Rimbunan Sawit Berhad (“RSB” or the “Company”), MIMB Investment Bank Berhad is pleased to announce that the shareholders of the Company have approved the resolutions pertaining to the proposed acquisitions by RSB of 100% equity interest in Lumiera Enterprise Sdn Bhd from Teck Sing Lik Enterprise Sdn Bhd, Pertumbuhan Abadi Asia Sdn Bhd and Kendaie Oil Palm Plantation Sdn Bhd for a cash consideration of RM31,018,000 and 85% equity interest in Woodijaya Sdn Bhd from Tumbuh Tiasa Enterprises Sdn Bhd for a cash consideration of RM27,576,000 (“Proposed Acquisitions”) as set out in the Notice of Extraordinary General Meeting (“EGM”) dated 25 August 2009 at the EGM held today. The Proposed Acquisitions are now pending implementation. This announcement is dated 11 September 2009. |
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Announcement Info
| Company Name | RIMBUNAN SAWIT BERHAD |
| Stock Name | RSAWIT |
| Date Announced | 11 Sept 2009 |
| Category | General Announcement |
| Reference No | MM-090907-74849 |