BURSA ANNOUNCEMENTS
OTHERS - Additional Investment in Wholly-owned Subsidiary Company, Duro Metal Industrial (M) Sdn. Bhd.
Type | Announcement |
Subject | OTHERS |
Description | Additional Investment in Wholly-owned Subsidiary Company, Duro Metal Industrial (M) Sdn. Bhd. |
The Board of Directors of ATTA Global Group Berhad ("ATTA") wishes to announce that ATTA has subscribed for an additional 9,300,000 ordinary shares in Duro Metal Industrial Sdn. Bhd. ("DMI"), a wholly-owned subsidiary of ATTA at an issue price of RM0.925 each. The new ordinary shares shall rank pari passu in all respects with the existing shares of DMI. The additional investment will not have any material impact on ATTA's earnings per share and will not have any effect on ATTA's share capital, substantial shareholders' shareholdings and net assets. None of the Directors, Substantial Shareholders and/or persons connected with the Directors and/or Substantial Shareholders of the Company have any interest, direct or indirect, in the above. This announcement is dated 18 December 2017. |
ANNOUNCEMENT INFO
Reference No | GA1-02112017-00090 |
Company Name: | ATTA GLOBAL GROUP BERHAD |
Stock Name: | ATTA |
Date Announces: | 18 Dec 2017 |
Category: | General Announcement for PLC |