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Additional Listing Announcement /Subdivision of Shares

ES CERAMICS TECHNOLOGY BHD

1. Details of Corporate Proposal

Involve issuance of new type/class of securities ? No
Types of corporate proposal Acquisitions
Details of corporate proposal ACQUISITION OF THE ENTIRE EQUITY INTEREST IN EVERMIX CONCRETE SDN BHD BY ES CERAMICS TECHNOLOGY BERHAD ("ES CERAMICS") (70%) AND ITS WHOLLY-OWNED SUBSIDIARY EUROCERAMIC TECHNOLOGIES CO. LTD (30%) FOR A TOTAL PURCHASE CONSIDERATION OF RM83,000,000 TO BE SATISFIED BY A COMBINATION OF CASH AND NEW ORDINARY SHARES IN ES CERAMICS ("ACQUISITION")
No. of shares issued under this corporate proposal 21,875,000
Issue price per share ($$) Malaysian Ringgit (MYR)   0.3200
Par Value($$) (if applicable) Malaysian Ringgit (MYR)   0.000
Latest issued share capital after the above corporate proposal in the following
Units 529,202,564
Issued Share Capital ($$) Malaysian Ringgit (MYR) 49,902,029.700
Listing Date 30 Aug 2022


Remarks :
The 21,875,000 Consideration Shares were allotted and issued pursuant to the Acquisition that was announced on 5 May 2022.


Announcement Info

Company Name ES CERAMICS TECHNOLOGY BHD
Stock Name ESCERAM
Date Announced 29 Aug 2022
Category Additional Listing Announcement /Subdivision of Shares
Reference Number ALA-29082022-00009




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