News
Transactions (Chapter 10 Of Listing Requirements) : Related Party Transactions
BackOct 25, 2018
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS |
| Description |
RIMBUNAN SAWIT BERHAD ("RSB" OR "COMPANY") (I) PROPOSED DISPOSAL; (II) PROPOSED LUNDU ACQUISITION; AND (III) PROPOSED SHSB ACQUISITION (COLLECTIVELY REFERRED TO AS "PROPOSALS"). |
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(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 the Company has received the balance of the Disposal Consideration today and accordingly, the Simunjan Agreement has been completed today. Following the above, the SSA in relation to the Proposed SHSB Acquisition has become unconditional. This Announcement is dated 25 October 2018. |
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Announcement Info
| Company Name | RIMBUNAN SAWIT BERHAD |
| Stock Name | RSAWIT |
| Date Announced | 25 Oct 2018 |
| Category | General Announcement for PLC |
| Reference Number | GA1-25102018-00087 |