PROPOSED ACQUISITION OF PROPERTY BY CAREGLOVE GLOBAL SDN. BHD. (CAREGLOVE), A WHOLLYOWNED SUBSIDIARY OF CAREPLUS, FOR A TOTAL CASH CONSIDERATION OF RM5.6 MILLION ("PROPOSED ACQUISITION")
| CAREPLUS GROUP BERHAD |
| Type | Reply to Query |
| Reply to Bursa Malaysia's Query Letter - Reference ID | IQL-10082020-00006 |
| Subject | PROPOSED ACQUISITION OF PROPERTY BY CAREGLOVE GLOBAL SDN. BHD. (CAREGLOVE), A WHOLLYOWNED SUBSIDIARY OF CAREPLUS, FOR A TOTAL CASH CONSIDERATION OF RM5.6 MILLION ("PROPOSED ACQUISITION") |
| Description | CAREPLUS GROUP BERHAD ("CAREPLUS" OR "THE COMPANY")
- PROPOSED ACQUISITION OF PROPERTY BY CAREGLOVE GLOBAL SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF CAREPLUS, FOR A TOTAL CASH CONSIDERATION OF RM5.6 MILLION |
| Query Letter Contents | We refer to your Company’s announcement dated 7 August 2020, in respect of the aforesaid matter.
1. The date on which the deposit of RM168,000.00 was paid to Careglove’s solicitor. 2. The net book value of the Property based on the latest audited financial statements of the Vendor. 3. The name of the independent registered valuer, date and method of valuation and quantification of the market value. 4. The expected date of commencement of the 15 new production lines.
Please furnish Bursa Securities with your reply within one (1) market day from the date hereof.
Yours faithfully,
REGULATION
copy : Market Surveillance Dept. , Securities Commission (via fax) |
Please refer to the attachment for the full text of the Company's reply to Bursa Malaysia Securities Berhad. This announcement is dated 11 August 2020. |
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Please refer attachment below.
Announcement Info
| Company Name | CAREPLUS GROUP BERHAD |
| Stock Name | CAREPLS |
| Date Announced | 11 Aug 2020 |
| Category | General Announcement for PLC |
| Reference Number | GA1-11082020-00065 |