TASCO

0.805

-0.02 (-2.4%)

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS PROPOSED ISSUANCE AND ALLOTMENT OF 58,878,000 NEW ORDINARY SHARES (REPRESENTING 30% OF THE ENLARGED EQUITY INTEREST) IN TASCO YUSEN GOLD COLD SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF TASCO ("TYGC"), TO JAPAN OVERSEAS INFRASTRUCTURE INVESTMENT CORPORATION FOR TRANSPORT & URBAN DEVELOPMENT ("JOIN") FOR A CASH SUBSCRIPTION PRICE OF RM125.00 MILLION

TASCO BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
PROPOSED ISSUANCE AND ALLOTMENT OF 58,878,000 NEW ORDINARY SHARES (REPRESENTING 30% OF THE ENLARGED EQUITY INTEREST) IN TASCO YUSEN GOLD COLD SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF TASCO ("TYGC"), TO JAPAN OVERSEAS INFRASTRUCTURE INVESTMENT CORPORATION FOR TRANSPORT & URBAN DEVELOPMENT ("JOIN") FOR A CASH SUBSCRIPTION PRICE OF RM125.00 MILLION

Unless otherwise defined, the definitions set out in the Company’s announcement dated 29 March 2019 shall apply herein.

 

We refer to the announcement dated 29 March 2019 in relation to the Proposed Investment from JOIN.

 

On behalf of the Board, UOB Kay Hian Securities (M) Sdn Bhd wishes to announce additional information in relation to the Proposed Investment from JOIN.

 

Please refer to the attachment for further details.

 

 

This announcement is dated 4 April 2019.




Please refer attachment below.



Announcement Info

Company Name TASCO BERHAD
Stock Name TASCO
Date Announced 04 Apr 2019
Category General Announcement for PLC
Reference Number GA1-04042019-00049