MULTIPLE PROPOSALS COMPLETE LOGISTIC SERVICES BERHAD ("CLSB" OR "COMPANY") (I) PROPOSED DIVERSIFICATION; (II) PROPOSED CHANGE OF NAME; AND (III) PROPOSED DISPOSAL (COLLECTIVELY, THE "PROPOSALS")
COMPLETE LOGISTIC SERVICES BERHAD |
Type | Announcement |
Subject | MULTIPLE PROPOSALS |
Description | COMPLETE LOGISTIC SERVICES BERHAD ("CLSB" OR "COMPANY") (I) PROPOSED DIVERSIFICATION; (II) PROPOSED CHANGE OF NAME; AND (III) PROPOSED DISPOSAL (COLLECTIVELY, THE "PROPOSALS") |
On behalf of the Board of Directors of CLSB (“Board”), M&A Securities Sdn Bhd (“M&A Securities”) wishes to announce that the Company:
(collectively, “CSCENIC Securities” or “Disposal Securities”),
held by CLSB to Dato’ Ong, for a total cash consideration of RM32,040,000 (based on RM0.76 per Disposal Share and RM0.26 per Disposal Warrant) (“Disposal Consideration”) (“Proposed Disposal”).
Further details of the Proposals are set out in the attachment.
This announcement is dated 14 March 2022. |
Please refer attachment below.
Announcement Info
Company Name | COMPLETE LOGISTIC SERVICES BERHAD |
Stock Name | COMPLET |
Date Announced | 14 Mar 2022 |
Category | General Announcement for PLC |
Reference Number | GA1-14032022-00023 |