OTHERS MESB BERHAD (“THE COMPANY” OR “MESB”) – PROPOSED DISPOSAL OF 600,000 ORDINARY SHARES OF RM1.00 EACH IN PDC TELECOMMUNICATION SERVICES SDN. BHD., ASSOCIATES COMPANY OF MESB
| MESB BERHAD |
| Type | Announcement |
| Subject | OTHERS |
| Description | MESB BERHAD (“THE COMPANY” OR “MESB”)
– PROPOSED DISPOSAL OF 600,000 ORDINARY SHARES OF RM1.00 EACH IN PDC TELECOMMUNICATION SERVICES SDN. BHD., ASSOCIATES COMPANY OF MESB |
| We refer to the announcement dated 15 July 2015 in relation to the disposal of 600,000 ordinary shares of RM1.00 each representing 40% equity shares in PDC Telecommunication Services Sdn. Bhd. (Company No. 9761-V) (“PDC”) for a total cash consideration of RM9,000,000.00 (Ringgit Malaysia Nine Million) only (“Proposed Disposal”). Unless otherwise stated, words and expressions used in this announcement shall have the same meaning as those attributed to them in the announcement dated 15 July 2015.
The Board of Directors of MESB Berhad is pleased to announce that the Proposed Disposal has been completed on 28 October 2015 in accordance with the terms and conditions of the Share Sale Agreement dated 15 July 2015. This announcement is dated 28 October 2015. |
|