Others

BackOct 10, 2012
Type Announcement
Subject OTHERS
Description ACQUISITION OF SUBSIDIARY

 

Naim Holdings Berhad (the “Company” or “Naim”) wishes to announce that its subsidiary, Naim Land Sdn. Bhd. (“NLSB”) has on 10 October 2012 acquired the following company:-

 

Name of Company

Company No.

No. of Shares Acquired

Consideration

(RM)

Lotus Paradigm Sdn. Bhd. (“LPSB”)

1013906-P

70

70

 

Upon acquisition, NLSB holds 70% of the total shareholding.

 

LPSB was incorporated in Malaysia as a private limited company under the Companies Act of Malaysia on 15 August 2012.

 

LPSB has an authorized share capital of RM100,000 comprising of 100,000 ordinary shares of RM1.00 each of which RM100 comprising of 100 ordinary shares of RM1.00 each have been issued and fully paid-up. LPSB 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 10 October 2012.

 


Announcement Info

Company Name NAIM HOLDINGS BERHAD  
Stock Name NAIM    
Date Announced 10 Oct 2012  
Category General Announcement
Reference No NH-121010-62528