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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): RELATED PARTY TRANSACTIONS HING YIAP GROUP BERHAD (“HING YIAP” OR THE “COMPANY”) PROPOSED ACQUISITIONS FROM ASIA BRANDS CORPORATION BERHAD OF THE ENTIRE EQUITY INTEREST IN ANAKKU SDN BHD, AUDREY SDN BHD, MICKEY JUNIOR SDN BHD, ASIA BRANDS GLOBAL SDN BHD, ASIA BRANDS ASSETS MANAGEMENT SDN BHD AND ASIA BRANDS HR SERVICES SDN BHD FOR AN AGGREGATE PURCHASE CONSIDERATION OF RM245,000,000 (“PROPOSED ACQUISITIONS”)

HING YIAP GROUP BERHAD

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
DescriptionHING YIAP GROUP BERHAD (“HING YIAP” OR THE “COMPANY”)

PROPOSED ACQUISITIONS FROM ASIA BRANDS CORPORATION BERHAD OF THE ENTIRE EQUITY INTEREST IN ANAKKU SDN BHD, AUDREY SDN BHD, MICKEY JUNIOR SDN BHD, ASIA BRANDS GLOBAL SDN BHD, ASIA BRANDS ASSETS MANAGEMENT SDN BHD AND ASIA BRANDS HR SERVICES SDN BHD FOR AN AGGREGATE PURCHASE CONSIDERATION OF RM245,000,000 (“PROPOSED ACQUISITIONS”)


Announcement Info

Company NameHING YIAP GROUP BERHAD  
Stock Name HINGYAP    
Date Announced6 Dec 2012  
CategoryGeneral Announcement
Reference NoMI-121206-56076