CLOUD

0.050

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OTHERS TRANSACTIONS (CHAPTER 7 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTION TRANSACTION CLOUDARON GROUP BERHAD ("CLOUDARON" OR "COMPANY") PROPOSED DACS ACQUISITION

CLOUDARON GROUP BERHAD

Type Announcement
Subject OTHERS
Description
TRANSACTIONS (CHAPTER 7 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTION TRANSACTION

CLOUDARON GROUP BERHAD ("CLOUDARON" OR "COMPANY")

PROPOSED DACS ACQUISITION

We refer to the announcements made in relation to the Proposed DACS Acquisition on 30 March 2018, 14 May 2018, 6 June 2018 and 21 June 2018 (“Announcements”). For consistency purposes, the abbreviations used in this announcement are the same as those previously defined in the Announcements unless otherwise defined herein.

On behalf of the Board, Mercury Securities wishes to announce that all the conditions precedent and completion steps of the DACS SPA have been fulfilled and/or waived (where appropriate).

Accordingly, DACS is now a wholly-owned subsidiary of Cloudaron.

This announcement is dated 17 July 2018.






Announcement Info

Company Name CLOUDARON GROUP BERHAD
Stock Name CLOUD
Date Announced 17 Jul 2018
Category General Announcement for PLC
Reference Number GA1-17072018-00053