MUDA

1.490

+0.05 (+3.5%)

OTHERS Acquisition of the entire issued and paid up share capital of South East Asia Paper Products Sdn Bhd

MUDA HOLDINGS BERHAD

Type Announcement
Subject OTHERS
Description
Acquisition of the entire issued and paid up share capital of South East Asia Paper Products Sdn Bhd

The Board of Directors of Muda Holdings Berhad (“Muda” or “the Company”) wishes to announce that Muda has on 19 February 2021 entered into a Share Sale and Purchase Agreement to acquire the entire issued and fully paid up share capital of South East Asia Paper Products Sdn Bhd [Company No. 197801000640 (37653-W)] comprising 3,000,000 ordinary shares from Yee Lee Corporation Bhd [Company No. 197301000057 (13585-A)] for a cash consideration of RM22,500,000.00.

 

Please refer to the attachment for further details.

 

This announcement is dated 19 February 2021.

 

 




Please refer attachment below.

Attachments

Acquisition SEA Paper.pdf
143.1 kB



Announcement Info

Company Name MUDA HOLDINGS BERHAD
Stock Name MUDA
Date Announced 19 Feb 2021
Category General Announcement for PLC
Reference Number GA1-17022021-00033