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BackFeb 04, 2016
Type Announcement
Subject OTHERS
Description
ACQUISITION OF NEW SUBSIDIARY

Rimbunan Sawit Berhad ("the Company") wishes to announce that the Company has on 4 February 2016 acquired 200,000 ordinary shares of RM1.00 each in the share capital of Rakantama Sdn. Bhd. ("RTSB"), for a total cash consideration of RM200. Subsequent to the acquisition of the said shares, RTSB became a 100% owned subsidiary of the Company. RTSB is currently a dormant company and its intended principal activity is insurance agency services.
This announcement is dated 4 February 2016.





Announcement Info

Company Name RIMBUNAN SAWIT BERHAD
Stock Name RSAWIT
Date Announced 04 Feb 2016
Category General Announcement for PLC
Reference Number GA1-01022016-00013

 


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