[ESCERAM] Acquisitions on 07-Oct-2024

Announcement Date
07-Oct-2024
Listing Date
08-Oct-2024
New Type/Class?
No
Type
Acquisitions
Details
ACQUISITION OF THE ENTIRE EQUITY INTEREST IN EVERMIX CONCRETE SDN BHD BY ES CERAMICS TECHNOLOGY BERHAD (70%) AND ITS WHOLLY-OWNED SUBSIDIARY EUROCERAMIC TECHNOLOGIES CO., LTD (30%) FOR A TOTAL PURCHASE CONSIDERATION OF RM83,000,000 SATISFIED BY A COMBINATION OF CASH AND NEW ORDINARY SHARES ("CONSIDERATION SHARES") IN ES CERAMICS ("ACQUISITION")
No. of shared issued
34,375,000
Issue Price
Malaysian Ringgit (MYR) 0.320
Par Value
0.000
Total NOSH
707,114,489
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