Transactions (Chapter 10 Of Listing Requirements) : Related Party Transactions
|Subject||TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
RIMBUNAN SAWIT BERHAD ("RSB" OR "COMPANY")
(I) PROPOSED DISPOSAL;
(II) PROPOSED LUNDU ACQUISITION; AND
(III) PROPOSED SHSB ACQUISITION
(COLLECTIVELY REFERRED TO AS "PROPOSALS").
(Unless otherwise stated, all abbreviations and definitions used herein shall have the same meaning as those used in the Company’s circular dated 10 July 2017)
On behalf of the Board of RSB, Maybank IB wishes to announce that RSB has fully settled the balance of the Purchase Consideration of SHSB today and accordingly, the SSA in relation to the Proposed SHSB Acquisition has been completed today in accordance with the terms and conditions of the SSA.
This Announcement is dated 27 November 2018.
|Company Name||RIMBUNAN SAWIT BERHAD|
|Date Announced||27 Nov 2018|
|Category||General Announcement for PLC|