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 200,000 ordinary shares of RM1.00 each in the share capital of Rajang Builders Sdn. Bhd. ("RBSB"), at a total cash consideration of RM238.20. Subsequent to the acquisition of the said shares, RBSB became a 100% owned subsidiary of the Company. The principal activities of RBSB are providing general land development contract services for oil palm plantations.
This announcement is dated 23 January 2014. |
Company Name | RIMBUNAN SAWIT BERHAD |
Stock Name | RSAWIT |
Date Announced | 23 Jan 2014 |
Category | General Announcement |
Reference No | CC-140106-216EB |