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BURSA ANNOUNCEMENTS

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS - ATTA GLOBAL GROUP BERHAD ("ATTA" OR "THE COMPANY") PROPOSED ACQUISITION OF 55% EQUITY INTEREST IN TETAP GEMBIRA DEVELOPMENT SDN. BHD. BY ATTA ("PROPOSED ACQUISITION")


Type
Announcement
Subject
TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
ATTA GLOBAL GROUP BERHAD ("ATTA" OR "THE COMPANY") PROPOSED ACQUISITION OF 55% EQUITY INTEREST IN TETAP GEMBIRA DEVELOPMENT SDN. BHD. BY ATTA ("PROPOSED ACQUISITION")

The Board of Directors of the Company wishes to announce that on 16 February 2017, the Company has entered into an undertaking to subscribe for 1,237,500 ordinary shares representing 55% equity interest in Tetap Gembira Development Sdn. Bhd. (TG) for a total consideration of RM6,187,500 resulting in TG becoming a 55% owed subsidiary of ATTA (Proposed Acquisition).

Please refer to the attachment for further details of the Proposed Acquisition.

This announcement is dated 16 February 2017.

Please refer attachment below.

ATTA- Proposed Acquisition in Tetap Gembira - 16.02.2017.pdf

ANNOUNCEMENT INFO

Reference No GA1-15022017-00072
Company Name: ATTA GLOBAL GROUP BERHAD
Stock Name: ATTA
Date Announces: 16 Feb 2017
Category: General Announcement for PLC
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