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Transactions (Chapter 10 Of Listing Requirements) : Related Party Transactions

BackDec 21, 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 TO BE REFERRED TO AS "PROPOSALS").

(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 in relation to the Proposals)

On behalf of the Board of RSB, Maybank IB wishes to announce that RSB Lundu has today entered into a supplemental agreement (“Supplemental SPA”) with RH Lundu, being the vendor for the Proposed Lundu Acquisition, to amend and vary certain terms of the Lundu Acquisition SPA (as amended and varied by the first supplemental agreement dated 28 March 2017) ("Variations").

Please refer to the attached announcement for details of the Supplemental SPA and the Variations.

 

This Announcement is dated 21 December 2018.

 


Announcement Info

Company Name RIMBUNAN SAWIT BERHAD
Stock Name RSAWIT
Date Announced 21 Dec 2018
Category General Announcement for PLC
Reference Number GA1-21122018-00029

Attachments

  1. Rimbunan_Sawit_Berhad_-_Lundu_Supplemental_SPA_announcement_(21.12.18).pdf (Size: 268,118 bytes)