TIDMIKK
RNS Number : 0263Y
Inch Kenneth Kajang Rubber
26 August 2009
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COMPANY NAME : INCH KENNETH KAJANG RUBBER PUBLIC COMPANY
STOCK NAME : INCKEN
DATE ANNOUNCED : 26/08/2009
TYPE : ANNOUNCEMENT
SUBJECT : ACQUISITION OF A RUBBER BASED COMPANY
CONTENTS :
Further to our announcement on 14 August 2009, the Board of Inch Kenneth Kajang
Rubber PLC ("IKKR") wishes to announce that IKKR had on 24 August 2009 entered
into a Share Sale Agreement ("Agreement") with Mhd Tajuddin bin Mhd Taha and
Mohd Ridzwan bin Jamaludin (collectively, the "Vendors") to acquire from the
Vendors, 1,000,000 ordinary shares of RM1.00 each representing 100% equity
interest in the issued and paid-up share capital of Innobird (M) Sdn Bhd
("Innobird") ("Sale Shares") for a purchase consideration of RM8,300,000
("Purchase Price") ("Acquisition").
Innobird is the beneficial owner of 5,000,000 ordinary shares of Thai Baht Ten
(THB 10) each comprising the entire issued and paid up share capital of Supara
Company Limited ("Supara"), a private company limited by shares incorporated in
Thailand with its principal business in producing constant viscosity (CV) rubber
in Thailand.
The details of the announcement are as per attached file.
Click on, or paste the following link into your web browser, to view the
associated PDF document.
http://www.rns-pdf.londonstockexchange.com/rns/0263Y_-2009-8-26.pdf
This information is provided by RNS
The company news service from the London Stock Exchange
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