TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS TEO SENG CAPITAL BERHAD (Teo Seng Or Company) PROPOSED ACQUISITION OF THE ENTIRE EQUITY INTEREST IN PROFESSIONAL VET ENTERPRISE SDN BHD ("PVESB") BY RITMA PRESTASI SDN BHD ("RITMA"), A WHOLLY OWNED SUBSIDIARY OF TEO SENG, FOR A CASH CONSIDERATION OF RM1,800,000-00 ("Proposed Acquisition " )
TEO SENG CAPITAL BERHAD |
Type | Announcement |
Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
Description | TEO SENG CAPITAL BERHAD (Teo Seng Or Company) PROPOSED ACQUISITION OF THE ENTIRE EQUITY INTEREST IN PROFESSIONAL VET ENTERPRISE SDN BHD ("PVESB") BY RITMA PRESTASI SDN BHD ("RITMA"), A WHOLLY OWNED SUBSIDIARY OF TEO SENG, FOR A CASH CONSIDERATION OF RM1,800,000-00 ("Proposed Acquisition " ) |
Further to the announcement dated 16 August 2019 , the Board of Directors of Teo Seng wishes to announce that the Proposed Acquisition was completed on 18 September 2019.
Upon the completion of the Proposed Acquisition , Professional Vet Enterprise Sdn Bhd will become a wholly-owned subsidiary of Ritma Prestasi Sdn Bhd , a wholly-owned subsidiary of the Company.
This announcement is dated 18 September 2019.
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Announcement Info
Company Name | TEO SENG CAPITAL BERHAD |
Stock Name | TEOSENG |
Date Announced | 18 Sep 2019 |
Category | General Announcement for PLC |
Reference Number | GA1-10092019-00014 |