AURORA

0.220

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OTHERS AURORA ITALIA INTERNATIONAL BERHAD (AURORA OR COMPANY) PROPOSED ACQUISITION OF THE ENTIRE ISSUED SHARE CAPITAL OF PG JEWEL SDN BHD

AURORA ITALIA INTERNATIONAL BERHAD

Type Announcement
Subject OTHERS
Description
AURORA ITALIA INTERNATIONAL BERHAD (AURORA OR COMPANY) 
PROPOSED ACQUISITION OF THE ENTIRE ISSUED SHARE CAPITAL OF PG JEWEL SDN BHD

On behalf of the Board of Directors of Aurora, M&A Securities Sdn Bhd wishes to announce that the Company had on 29 January 2021 entered into a conditional share sale agreement with Ng Jing Chia, Ng Yan Xun and Dato’ Wira Ng Chun Hau (collectively, “Vendors”) in relation to the acquisition by Aurora of 100% equity interest in PG Jewel Sdn Bhd from the Vendors for a purchase consideration of RM32,000,000  to be satisfied by the issuance of 320,000,000 new ordinary shares in Aurora at an issue price of RM0.10 each (“Proposed Acquisition”).

 

Kindly refer to the attachment for further details on the Proposed Acquisition.

 

This announcement is dated 29 January 2021.




Please refer attachment below.



Announcement Info

Company Name AURORA ITALIA INTERNATIONAL BERHAD
Stock Name AURORA
Date Announced 29 Jan 2021
Category General Announcement for PLC
Reference Number GA1-29012021-00097