Investor Relations
Bursa Announcements
Bursa Announcements
Circular to Shareholders in Relation to the Part A - Proposed Acquisition By Boustead Rimba Nilai Sdn Bhd, A Wholly-Owned Subsidiary of Boustead Plantations Berhad ("BPB"), of country lease plantation lands held Under 42 land Titles Measuring a total of 11,579.31 Hectares in the District of Labuk and Sugut, Sandakan, Sabah, Inclusive of All Assets Located on the Plantation Lands From Pertama Land & Development Sdn Bhd for A Total Cash Consideration of RM750 Million Part B - Proposed Bonus Issue of 640,000,000 new Ordinary shares In BPB ("BPB Shares") on The Basis of 2 New BPB shares For Every 5 Existing BPB Shares Held On An Entitlement Date To Be Determined Later And Notice Of Extraordinary General Meeting
BackMar 28, 2018
| Subject | CIRCULAR TO SHAREHOLDERS IN RELATION TO THE PART A - PROPOSED ACQUISITION BY BOUSTEAD RIMBA NILAI SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF BOUSTEAD PLANTATIONS BERHAD ("BPB"), OF COUNTRY LEASE PLANTATION LANDS HELD UNDER 42 LAND TITLES MEASURING A TOTAL OF 11,579.31 HECTARES IN THE DISTRICT OF LABUK AND SUGUT, SANDAKAN, SABAH, INCLUSIVE OF ALL ASSETS LOCATED ON THE PLANTATION LANDS FROM PERTAMA LAND & DEVELOPMENT SDN BHD FOR A TOTAL CASH CONSIDERATION OF RM750 MILLION PART B - PROPOSED BONUS ISSUE OF 640,000,000 NEW ORDINARY SHARES IN BPB ("BPB SHARES") ON THE BASIS OF 2 NEW BPB SHARES FOR EVERY 5 EXISTING BPB SHARES HELD ON AN ENTITLEMENT DATE TO BE DETERMINED LATER AND NOTICE OF EXTRAORDINARY GENERAL MEETING |
Please refer attachment below.
Announcement Info
| Company Name | BOUSTEAD PLANTATIONS BERHAD |
| Stock Name | BPLANT |
| Date Announced | 28 Mar 2018 |
| Category | Document Submission |
| Reference Number | DCS-28032018-00005 |
Attachments
- BPB_Circular_-_Proposed_Acquisition_Proposed_Bonus_Issue_(28.3.18).pdf (Size: 2,901,142 bytes)