TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS DSR TAIKO BERHAD (DSR TAIKO OR THE COMPANY) PROPOSED ACQUISITION OF LANDS BY DSR FRUITS SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF DSR TAIKO BERHAD, FOR A TOTAL CASH CONSIDERATION OF RM5.20 MILLION ("PROPOSAL")
| DSR TAIKO BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | DSR TAIKO BERHAD (DSR TAIKO OR THE COMPANY)
PROPOSED ACQUISITION OF LANDS BY DSR FRUITS SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF DSR TAIKO BERHAD, FOR A TOTAL CASH CONSIDERATION OF RM5.20 MILLION ("PROPOSAL") |
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Reference is made to the Company's earlier announcement dated 14 November 2022 in relation to the Proposal .("Announcement")
(Unless otherwise stated, the words and abbreviations used herein shall have the same meaning as those defined in the Announcement.)
The Board is please to announce that the Company's solicitors has, via its letter dated 21 March 2023, confirmed that the Proposed Acquisitions has been completed on 21 March 2023 following the full payment of the Total Purchase Price by DSR Fruits.
This announcement is dated 21 March 2023. |
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Announcement Info
| Company Name | DSR TAIKO BERHAD |
| Stock Name | DSR |
| Date Announced | 21 Mar 2023 |
| Category | General Announcement for PLC |
| Reference Number | GA1-15032023-00015 |