Others (Amended Announcement)

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20-03-2015

Type Announcement
Subject OTHERS
Description TITIJAYA LAND BERHAD ("TITIJAYA" OR "THE COMPANY")
- ACQUISITION OF SHELF COMPANY

Pursuant to paragraph 9.19(23) of the Main Market Listing Requirements, the Board of Directors of Titijaya wishes to announce that the Company had on 19 March 2015 acquired two (2) ordinary shares of RM1.00 each, representing 100% of the issued and paid-up share capital of Premsdale Development Sdn. Bhd. (Company No. 1121985-U) ("Premsdale Development"), for a total consideration of RM2.00 ("Acquisition").

Following the above Acquisition, Premsdale Development has become a wholly-owned subsidiary of Titijaya.

Premsdale Development was incorporated as a private company limited by shares on 9 December 2014. The authorised share capital of Premsdale Development is RM400,000/- divided into 400,000 ordinary shares of RM1.00 each. The present issued and paid-up share capital of Premsdale Development is RM2.00 divided into two (2) ordinary shares of RM1.00 each.

Premsdale Development has not commenced business since its corporation.

None of the directors and/or major shareholders of Titijaya and/or persons connected to them, have any interests, direct or indirect in the above Acquisition.

The announcement is dated 20 March 2015.

 


Announcement Info

Company Name TITIJAYA LAND BERHAD  
Stock Name TITIJYA    
Date Announced 20 Mar 2015  
Category General Announcement
Reference No CS-150320-38016