SYCAL - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS
Announcement Type: General Announcement
| Company Name | SYCAL VENTURES BERHAD |
| Stock Name | SYCAL |
| Date Announced | 31 Dec 2013 |
| Category | General Announcement |
| Reference No | SV-131231-70280 |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | DISPOSALS OF 1,250,000 ORDINARY SHARES OF RM1.00 EACH REPRESENTING 100% OF THE TOTAL ISSUED AND PAID UP CAPITAL OF SYCALLAND DEVELOPMENT SDN BHD AND 1,053,402 ORDINARY SHARES OF RM1.00 EACH REPRESENTING 100% OF THE TOTAL ISSUED AND PAID UP CAPITAL OF SOUTHHOST SDN BHD, BOTH WHOLLY-OWNED SUBSIDIARY COMPANY OF SYCAL VENTURES BERHAD |
With reference to the announcement dated 27 December 2013, the Company wishes to announce that the sale consideration for the Disposals has been settled in full. As such, the Disposals are deemed completed as at 31 December 2013. | |
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