Common Contracts
1 similar Sale and Purchase Agreement contracts
SALE AND PURCHASE AGREEMENT TO ACQUIRE 2,700,000 ORDINARY SHARES IN THE CAPITAL OF CENTRAL CABLES BERHADSale and Purchase Agreement • October 26th, 2007
Rotol Singapore Ltd (the “Company”) is pleased to announce that it has on 26 October 2007 entered into a conditional sale and purchase agreement (the “Agreement”) with, inter alia, Emerging Triangle Sdn Bhd (the “Vendor”) to acquire 2,700,000 ordinary shares of par value RM1.00 each (the “Acquisition Shares”) in the capital of Central Cables Berhad (“CCB”), representing approximately 20.1% of the issued and paid up share capital of CCB, at a consideration of S$3.30 for each Acquisition Share or an aggregate cash consideration (“Purchase Consideration”) of S$8,910,000 for all the Acquisition Shares (the “Proposed Acquisition”).
