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BackJan 23, 2014
Type Announcement
Subject OTHERS
Description ACQUISITION OF A NEW SUBSIDIARY

Rimbunan Sawit Berhad ("the Company") wishes to announce that the Company has on 23 January 2014 acquired 100,000 ordinary shares of RM1.00 each in the share capital of Sibu Garden And Leisure (M) Sdn. Bhd. ("SGLMSB"), at a total cash consideration of RM77.98. Subsequent to the acquisition of the said shares, SGLMSB became a 100% owned subsidiary of the Company. The principal activities of SGLMSB are wholesaling and retailing of agricultural fertilizers for operation of oil palm plantations.

This announcement is dated 23 January 2014.

 


Announcement Info

Company Name RIMBUNAN SAWIT BERHAD  
Stock Name RSAWIT    
Date Announced 23 Jan 2014  
Category General Announcement
Reference No CC-140106-2843E