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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): NON RELATED PARTY TRANSACTIONS ASIA BIOENERGY TECHNOLOGIES BERHAD (“ABT” OR “THE COMPANY”) - PROPOSED DISPOSAL OF 1,143,434 ORDINARY SHARES OF RM1.00 EACH, REPRESENTING 1.56% OF THE TOTAL ORDINARY SHARES, IN PLATINUM NANOCHEM SDN BHD (FORMERLY KNOWN AS PLATINUM ENERGY SDN BHD) TO BIOFUTURES INTERNATIONAL PLC (“BIP”) FOR A TOTAL CONSIDERATION OF £999,107 (EQUIVALENT TO RM4,841,673) (“PROPOSAL”)

ASIA BIOENERGY TECHNOLOGIES BERHAD

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionASIA BIOENERGY TECHNOLOGIES BERHAD (“ABT” OR “THE COMPANY”)
- PROPOSED DISPOSAL OF 1,143,434 ORDINARY SHARES OF RM1.00 EACH, REPRESENTING 1.56% OF THE TOTAL ORDINARY SHARES, IN PLATINUM NANOCHEM SDN BHD (FORMERLY KNOWN AS PLATINUM ENERGY SDN BHD) TO BIOFUTURES INTERNATIONAL PLC (“BIP”) FOR A TOTAL CONSIDERATION OF £999,107 (EQUIVALENT TO RM4,841,673) (“PROPOSAL”)


Announcement Info

Company NameASIA BIOENERGY TECHNOLOGIES BERHAD (ACE Market) 
Stock Name ASIABIO    
Date Announced11 Dec 2012  
CategoryGeneral Announcement
Reference NoCK-121211-28965



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