OTHERS TANCO HOLDINGS BERHAD ("TANCO" OR "THE COMPANY") PROPOSED SUBSCRIPTION OF 728,572 NEW ORDINARY SHARES IN HERBITEC (M) SDN BHD BY GENIUM CORPORATION SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF WORLD VACATION OWNERSHIP SDN BHD, WHICH IN TURN IS A WHOLLY-OWNED SUBSIDIARY OF TANCO ("PROPOSED SUBSCRIPTION")
| TANCO HOLDINGS BERHAD |
| Type | Announcement |
| Subject | OTHERS |
| Description | TANCO HOLDINGS BERHAD ("TANCO" OR "THE COMPANY")
PROPOSED SUBSCRIPTION OF 728,572 NEW ORDINARY SHARES IN HERBITEC (M) SDN BHD BY GENIUM CORPORATION SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF WORLD VACATION OWNERSHIP SDN BHD, WHICH IN TURN IS A WHOLLY-OWNED SUBSIDIARY OF TANCO ("PROPOSED SUBSCRIPTION") |
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(For consistency purposes, the abbreviations and definitions used throughout this announcement shall have the same meanings as those previously defined in the announcement dated 1 April 2021 in relation to the Proposed Subscription.)
The Board of Directors of Tanco wishes to announce that on 13 April 2021, the New Shares have been issued and allotted to Genium.
The Proposed Subscription is completed upon the issuance and allotment of the New Shares in Herbitec.
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Announcement Info
| Company Name | TANCO HOLDINGS BERHAD |
| Stock Name | TANCO |
| Date Announced | 13 Apr 2021 |
| Category | General Announcement for PLC |
| Reference Number | GA1-13042021-00061 |