Highlights:
add free Download App
Shariah Setting
premium Premium Account

Last Price Change Volume
KLSE Market Watch
Open: Day Range: Prev Close:


MEDIA PRIMA BERHAD (“MPB” OR “COMPANY”) PROPOSED ACQUISITION OF 350,000 ORDINARY SHARES OF RM1.00 EACH REPRESENTING 70% EQUITY INTEREST IN BIG TREE OUTDOOR SDN BHD (“BTO”)

MEDIA PRIMA BERHAD

Type

Announcement
SubjectMEDIA PRIMA BERHAD (“MPB” OR “COMPANY”)

PROPOSED ACQUISITION OF 350,000 ORDINARY SHARES OF RM1.00 EACH REPRESENTING 70% EQUITY INTEREST IN BIG TREE OUTDOOR SDN BHD (“BTO”)

Contents :

On behalf of the Board of Directors of MPB, AmMerchant Bank Berhad (a member of AmInvestment Group) is pleased to announce that MPB had on 20 November 2006 entered into conditional share sale agreements with CIMB Private Equity Sdn Bhd, Suridah Jalaluddin and Sunnetic Sdn Bhd to acquire, in total, 350,000 ordinary shares of RM1.00 each in BTO representing 70% of the issued and paid-up share capital of BTO for an aggregate purchase consideration of RM97,240,000 (“Proposed Acquisition”).


The full text of the announcement relating to the Proposed Acquisition is enclosed herewith.

This announcement is dated 20 November 2006.
MPB Announcement 20.11.06.pdf

Attachments

MPB Announcement 20.11.06.pdf
138 KB



Announcement Info

Company NameMEDIA PRIMA BERHAD  
Stock Name MEDIA    
Date Announced20 Nov 2006  
CategoryGeneral Announcement
Reference NoMM-061120-57420



Close