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BURSA ANNOUNCEMENTS

OTHERS - ATTA GLOBAL GROUP BERHAD ("ATTA" or "the Company") DEALINGS IN QUOTED SECURITIES BY WAY OF CONVERSION OF 11,952,000 WARRANTS 2012/2017 TO 11,952,000 ORDINARY SHARES AT A PRICE OF RM1.00 PER WARRANT IN SEE HUP CONSOLIDATED BERHAD ("SEE HUP") BY ITS WHOLLY OWNED SUBSIDIARY, PROGEREX SDN. BHD. ("PGX")


Type
Announcement
SubjectOTHERS
Description
ATTA GLOBAL GROUP BERHAD ("ATTA" or "the Company") DEALINGS IN QUOTED SECURITIES BY WAY OF CONVERSION OF 11,952,000 WARRANTS 2012/2017 TO 11,952,000 ORDINARY SHARES AT A PRICE OF RM1.00 PER WARRANT IN SEE HUP CONSOLIDATED BERHAD ("SEE HUP") BY ITS WHOLLY OWNED SUBSIDIARY, PROGEREX SDN. BHD. ("PGX")

Pursuant to Paragraph 9.20 of Bursa Malaysia Securities Berhad Main Market Listing Requirements, the Company wishes to inform that its wholly owned subsidiary, Progerex Sdn. Bhd. ("PGX") has converted its Warrants 2012/2017 in SEE HUP and has exceeded 5% of ATTA's latest audited consolidated net assets, details are as follows:-

 a.

  Transaction

Value of Consideration

% of ATTA’s   

Consolidated Net Assets


 Conversation of Warrants      2012/2017 in SEE HUP

  RM11,952,000

8.654%


  b.


RM


  Investment in quoted securities as at 27 December 2017



  Total Cost

  11,952,000


  Total Book Value

  11,952,000


  Total Market Value

  12,908,160 


This announcement is dated 28 December 2017.


ANNOUNCEMENT INFO

Reference No GA1-12122017-00108
Company Name: ATTA GLOBAL GROUP BERHAD
Stock Name: ATTA
Date Announces: 28 Dec 2017
Category: General Announcement for PLC
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