General Announcement

Reference No MI-140207-63818

Company Name

:

IRE-TEX CORPORATION BERHAD

Stock Name

:

IRETEX

Date Announced

:

07/02/2014

 
TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): RELATED PARTY TRANSACTIONS IRE-TEX CORPORATION BERHAD (ITCB) (I) PROPOSED ZASB ACQUISITION (II) PROPOSED ZTSB ACQUISITION
 

IRE-TEX CORPORATION BERHAD

 

Type

:

Announcement

 

Subject

:

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS

 

Description

  : IIRE-TEX CORPORATION BERHAD (ITCB)

(I) PROPOSED ZASB ACQUISITION

(II) PROPOSED ZTSB ACQUISITION

 

Attachments

:

 Iretex - Supp Zoomic SPA.pdf

Announcement Details/Table Section:

For consistency purposes, the abbreviations and definitions used throughout this announcement shall have the same meanings as those previously defined in ITCBs announcement dated 18 November 2013 in relation to, amongst others, the Proposed Acquisitions.

Reference is made to ITCBs announcement dated 18 November 2013 in relation to, amongst others, the Proposed Acquisitions (First Announcement). On behalf of the Board of Directors of ITCB, KAF Investment Bank Berhad wishes to announce that ITCB had on 7 February 2014 entered into a supplemental agreement with the Vendors to adjust the ZTSB Purchase Consideration from RM16,800,000 to RM16,400,000 (Revised ZTSB Purchase Consideration) (Supplemental SPA 2). Kindly refer to the attached document for the complete announcement.

This announcement is dated 7 February 2014.