SCOPE - OTHERS SCOPE INDUSTRIES BERHAD ("SCOPE" OR "THE COMPANY") DISPOSAL OF 95% EQUITY INTEREST IN SCOPE SALES & SERVICES SDN BHD BY SCOPE FOR A TOTAL CASH CONSIDERATION OF RM76,000.00
Company Name | SCOPE INDUSTRIES BERHAD |
Stock Name | SCOPE |
Date Announced | 19 Jun 2015 |
Category | General Announcement for PLC |
Reference Number | GA1-16062015-00001 |
Type | Announcement |
Subject | OTHERS |
Description | SCOPE INDUSTRIES BERHAD ("SCOPE" OR "THE COMPANY") DISPOSAL OF 95% EQUITY INTEREST IN SCOPE SALES & SERVICES SDN BHD BY SCOPE FOR A TOTAL CASH CONSIDERATION OF RM76,000.00 |
The Board of Directors of Scope Industries Berhad (“Scope” or “the Company”) wishes to announce that Scope has on today disposed its 95,000 ordinary shares of RM1.00 each, representing 95% equity interest in Scope Sales & Services Sdn Bhd (“SSSSB”) to Ms Olyvia Newton Chin for a total cash consideration of Ringgit Malaysia Seventy Six Thousand (RM76,000.00) only (hereinafter referred to as “Disposal of Shares”). Upon completion of the Disposal of Shares, SSSSB will cease to be the wholly-owned subsidiary of the Company. SSSSB is a private limited company incorporated in Malaysia and having its registered office at 51-13-A, Menara BHL Bank, Jalan Sultan Ahmad Shah, 10050 Penang. SSSSB present principal activities are investment holding and trading of electrical products. The above Disposal of Shares is to facilitate the divestment of a non-core and loss making subsidiary in the Group as well as to explore new business opportunities with the buyer. None of the Directors and / or major shareholders and / or persons connected with them have any interest, either direct or indirect in this Disposal of Shares. This announcement is dated 19 June 2015. |
CUSCAPI - General Meetings: Outcome of Meeting
Company Name | CUSCAPI BERHAD |
Stock Name | CUSCAPI |
Date Announced | 19 Jun 2015 |
Category | General Meeting |
Reference Number | GMA-19062015-00011 |
Type of Meeting | Annual General Meeting |
Indicator | Outcome of Meeting |
Date of Meeting | 19 Jun 2015 |
Time | 11:00 AM |
Venue | Topas Room, The Saujana Hotel Kuala Lumpur (Please refer to Notice of Meeting for full address) |
Outcome of Meeting | On behalf of the Board of Directors of Cuscapi Berhad ("Cuscapi"), we are pleased to announce that the Thirty-Sixth Annual General Meeting of Cuscapi held today, 19 June 2015, the shareholders have duly approved all the resolutions table thereat.
This announcement is dated 19 June 2015. |
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