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MEDIA PRIMA BERHAD (“MPB” OR “COMPANY”) PROPOSED ACQUISITION OF 5,000,000 ORDINARY SHARES OF RM1.00 EACH REPRESENTING 100% EQUITY INTEREST IN THE RIGHT CHANNEL SDN BHD (“TRC”) FROM THE NEW STRAITS TIMES PRESS (MALAYSIA) SDN BHD (“NSTP”)

MEDIA PRIMA BERHAD

Type

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

PROPOSED ACQUISITION OF 5,000,000 ORDINARY SHARES OF RM1.00 EACH REPRESENTING 100% EQUITY INTEREST IN THE RIGHT CHANNEL SDN BHD (“TRC”) FROM THE NEW STRAITS TIMES PRESS (MALAYSIA) SDN BHD (“NSTP”)

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 30 November 2006 entered into a conditional share sale agreement with NSTP, its associated company, to acquire 5,000,000 ordinary shares of RM1.00 each in TRC representing 100% of the issued and paid-up share capital of TRC for a cash consideration of RM1.00 (“Proposed Acquisition”).


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

This announcement is dated 30 November 2006.
MPB announcement.pdf

Attachments

MPB announcement.pdf
112 KB



Announcement Info

Company NameMEDIA PRIMA BERHAD  
Stock Name MEDIA    
Date Announced30 Nov 2006  
CategoryGeneral Announcement
Reference NoMM-061129-61399



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