Others

BackJul 25, 2013
Type Announcement
Subject OTHERS
Description ACQUISITION OF SUBSIDIARY

 

Naim Holdings Berhad (the "Company" or "Naim") wishes to announce that its subsidiary, Naim Asset Sdn. Bhd. ("NASB") has on 25 July 2013 acquired the following company:-

Name of Company

Company No.

No. of shares acquired

Consideration (RM)

Orient Paradigm Sdn. Bhd. (“OPSB”)

1039643-U

2

2

Upon acquisition, NASB will hold the entire issued share capital in OPSB.

OPSB was incorporated in Malaysia as a private limited company under the Companies Act of Malaysia on 25 March 2013.

OPSB 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.  OPSB 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 2013.

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 25 July 2013


Announcement Info

Company Name NAIM HOLDINGS BERHAD  
Stock Name NAIM    
Date Announced 25 Jul 2013  
Category General Announcement
Reference No NH-130723-43214