TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS Homeritz Corporation Berhad ("Homeritz" or "the Company") Acquisition of the remaining 70,000 ordinary shares of RM1-00 each representing 35% of the equity interest in Embrace Industries Sdn. Bhd.
| HOMERITZ CORPORATION BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | Homeritz Corporation Berhad ("Homeritz" or "the Company")
Acquisition of the remaining 70,000 ordinary shares of RM1-00 each representing 35% of the equity interest in Embrace Industries Sdn. Bhd.
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The Board of Directors of Homeritz wishes to announce that the Company had on 01 June 2015 acquired the remaining 70,000 ordinary shares of RM1-00 each, representing a total of 35% of the equity interest in Embrace Industries Sdn. Bhd. ("EISB") at a total consideration of RM12,167,400-00 only ("Acquisition"). Upon completion of the Acquisition, EISB shall become the wholly-owned subsidiary of the Company.
Please refer to the attachment for further details of the Acquisition.
This announcement is dated 01 June 2015.
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Please refer attachment below.
Announcement Info
| Company Name | HOMERITZ CORPORATION BERHAD |
| Stock Name | HOMERIZ |
| Date Announced | 01 Jun 2015 |
| Category | General Announcement for PLC |
| Reference Number | GA1-01062015-00005 |
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