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Circular To Shareholders In Relation To The:- (i) Proposed Acquisition Of 601,735 Ordinary Shares Of RM1.00 Each In PJP Pelita Biawak Plantation Sdn Bhd ("BIAWAK"), Representing 15% Of The Issued And Paid-up Share Capital Of BIAWAK, From Lembaga Amanah Kebajikan Masjid Negeri Sarawak ("LAKMNS") For A Total Purchase Consideration Of RM12,700,326 To Be Satisfied In Cash; And (ii) Proposed Disposal Of 1,680,000 Ordinary Shares Of RM1.00 Each In Lubuk Tiara Sdn Bhd ("LUBUK TIARA"), Representing 21% Of The Issued And Paid-up Share Capital Of LUBUK TIARA To Lakmns For A Total Disposal Consideration Of RM13,100,723 To Be Satisfied In Cash.

BackAug 05, 2011

Subject

CIRCULAR TO SHAREHOLDERS IN RELATION TO THE:-

(I) PROPOSED ACQUISITION OF 601,735 ORDINARY SHARES OF RM1.00 EACH IN PJP PELITA BIAWAK PLANTATION SDN BHD (“BIAWAK”), REPRESENTING 15% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF BIAWAK, FROM LEMBAGA AMANAH KEBAJIKAN MASJID NEGERI SARAWAK (“LAKMNS”) FOR A TOTAL PURCHASE CONSIDERATION OF RM12,700,326 TO BE SATISFIED IN CASH; AND

(II) PROPOSED DISPOSAL OF 1,680,000 ORDINARY SHARES OF RM1.00 EACH IN LUBUK TIARA SDN BHD (“LUBUK TIARA”), REPRESENTING 21% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF LUBUK TIARA TO LAKMNS FOR A TOTAL DISPOSAL CONSIDERATION OF RM13,100,723 TO BE SATISFIED IN CASH.

Announcement Info

Company Name	RIMBUNAN SAWIT BERHAD
Stock Name	RSAWIT
Date Announced	5 Aug 2011
Category	PDF Submission
Reference No	MM-110805-24A62

Attachments

RSAWIT_050811.pdf (Size: 1,522,227 bytes)