Others

BackJul 30, 2012
Type Announcement
Subject OTHERS
Description ACQUISITION OF SUBSIDIARY

Naim Holdings Berhad (the "Company" or "Naim") wishes to announce that its subsidiary, Naim Engineering Sdn. Bhd. ("NESB") has on 30 July 2012 acquired the following company:-

Name of Company

Company No.

No. of shares acquired

Consideration

(RM)

Sincere Metro Sdn. Bhd. ("SMSB")

1005290-M

2

2

Upon acquisition, NESB holds the entire issued share capital in SMSB.

SMSB was incorporated in Malaysia as a private limited company under the Companies Act of Malaysia on 8 June 2012.

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

The said acquisition 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 shareholders of Naim Group and/or persons connected with them, have any interest, direct or indirect, in the said acquisition.

This announcement is dated 30 July 2012

 


Announcement Info

Company Name NAIM HOLDINGS BERHAD 
Stock Name NAIM
Date Announced 30 Jul 2012
Category General Announcement
Reference No NH-120730-52764