Others

BackJun 13, 2012
Date Announced : 13/06/2012  



Type : Announcement
Subject :
OTHERS

Description :
Acquisition of Subsidiaries
   
 

Announcement Details/Table Section :

 

 

Naim Holdings Berhad (the “Company” or “Naim”) wishes to announce that its  subsidiary, Naim Capital Sdn. Bhd. (“NCSB”) (formerly known as Naim Management Sdn. Bhd.) has on 13 June 2012 acquired the following companies:-

 

No.

Name of Company

Company No.

No. of shares acquired

Consideration

(RM)

1.

Pioneer Paradigm Sdn. Bhd.(“PPSB”)

988890-K

2

2

2.

Global Serijuta Sdn. Bhd. (“GSSB”)

989050-T

2

2

 

Upon acquisitions, NCSB holds the entire issued share capital in PPSB and GSSB.

 

PPSB was incorporated in Malaysia as a private limited company under the Companies Act of Malaysia on 30 April 2012.

 

GSSB was incorporated in Malaysia as a private limited company under the Companies Act of Malaysia on 2 May 2012. 

 

Both PPSB and GSSB have an authorized share capital of RM100,000 comprising 100,000 shares whilst its issued and paid-up capital is RM2 comprising 2 shares. PPSB and GSSB have not commenced business since incorporation.

 

The said acquisitions will not have any effect on Naim’s share capital, substantial shareholders’ shareholdings, earnings and net assets for the financial year ending 31 December 2012.

 

None of the directors and/or substantial shareholders of Naim Group and/or persons connected with them, have any interest, direct or indirect, in the said acquisitions. 

 



This announcement is dated 13 June 2012