AIC

1.600

(%)

Circular/Notice to Shareholders

AIC CORPORATION BERHAD

SubjectCIRCULAR TO SHAREHOLDERS IN RELATION TO THE PROPOSED ACQUISITION BY AIC OF THE REMAINING 25% EQUITY INTEREST IN AIC TECHNOLOGY SDN BHD NOT HELD BY AIC COMPRISING 2,000,000 ORDINARY SHARES OF RM1.00 EACH AND 1,237,678 CUMULATIVE REDEEMABLE PREFERENCE SHARES OF RM1.00 EACH FROM DARULNAS (M) SDN BHD FOR A TOTAL PURCHASE CONSIDERATION OF RM14,000,000 TO BE SATISFIED BY THE ISSUANCE OF 12,600,000 NEW ORDINARY SHARES OF RM1.00 EACH IN AIC AT AN ISSUE PRICE OF RM1.00 PER SHARE AND CASH OF RM1,400,000
Content


Announcement Info

Company NameAIC CORPORATION BERHAD  
Stock Name AIC    
Date Announced26 Nov 2007  
CategoryDocument Receipt
Reference NoJM-071126-63684