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SIGGAS

0.925

-0.025 (-2.6%)

OTHERS SIG GASES BERHAD (SIGGAS OR COMPANY) RECEIPT OF OFFER TO ACQUIRE SIGGAS'S ENTIRE EQUITY INTERESTS IN SOUTHERN INDUSTRIAL GAS SDN BHD (SIGSB)

SIG GASES BERHAD

Type Announcement
Subject OTHERS
Description
SIG GASES BERHAD (SIGGAS OR COMPANY)
RECEIPT OF OFFER TO ACQUIRE SIGGAS'S ENTIRE EQUITY INTERESTS IN SOUTHERN INDUSTRIAL GAS SDN BHD (SIGSB)

The Board of Directors of SIGGAS wishes to announce that the Board has on even date received an offer letter dated 25 March 2019 from Air Liquide Malaysia Sdn Bhd (ALM) to acquire 23,000,000 ordinary shares in SIGSB, representing 100% equity interest therein (including the 40% minority shareholding owned and held by SIGSB in Iwatani-SIG Industrial Gases Sdn Bhd) from SIGGAS for a purchase consideration of RM226,586,000.

 

Please refer to the attachment for further details.

 

This announcement is dated 25 March 2019.




Please refer attachment below.



Announcement Info

Company Name SIG GASES BERHAD
Stock Name SIGGAS
Date Announced 25 Mar 2019
Category General Announcement for PLC
Reference Number GA1-25032019-00058