Additional Listing Announcement /Subdivision of Shares
| WEGMANS HOLDINGS BERHAD |
1. Details of Corporate Proposal |
|
| Involve issuance of new type/class of securities ? | No |
| Types of corporate proposal | Acquisitions |
| Details of corporate proposal | Acquisition of 900,000 ordinary shares in Wison Screw Industries Sdn. Bhd. ("WSI"), representing 90% of the total number of shares in WSI, from BS Value Sdn. Bhd. and Kek Wee Beng for a total purchase consideration of RM16,200,000.00 to be fully satisfied by the issue and allotment of 50,030,800 new ordinary shares in Wegmans Holdings Berhad at an issue price of RM0.3238 |
| No. of shares issued under this corporate proposal | 50,030,800 |
| Issue price per share ($$) | Malaysian Ringgit (MYR) 0.3238 |
| Par Value($$) (if applicable) | |
Latest issued share capital after the above corporate proposal in the following |
|
| Units | 550,030,800 |
| Issued Share Capital ($$) | Malaysian Ringgit (MYR) 68,153,514.240 |
| Listing Date | 05 Apr 2021 |
Announcement Info
| Company Name | WEGMANS HOLDINGS BERHAD |
| Stock Name | WEGMANS |
| Date Announced | 02 Apr 2021 |
| Category | Additional Listing Announcement /Subdivision of Shares |
| Reference Number | ALA-26032021-00010 |