General Announcement

Reference No MI-140424-63734

Company Name

:

IRE-TEX CORPORATION BERHAD

Stock Name

:

IRETEX

Date Announced

:

24/04/2014

 
TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): RELATED PARTY TRANSACTIONS IRE-TEX CORPORATION BERHAD (ITCB) PROPOSED ACQUISITIONS

IRE-TEX CORPORATION BERHAD

Type

:

Announcement

Subject

:

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS

Description

:

IRE-TEX CORPORATION BERHAD (ITCB)

PROPOSED ACQUISITIONS

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.

We refer to ITCBs announcement dated 18 November 2013 and its previous announcements in relation to, amongst others, the Proposed Acquisitions.

On behalf of the Board of Directors of ITCB, KAF Investment Bank Berhad wishes to announce that the Proposed Acquisitions have been completed today following the release by ITCB of the Balance Total Purchase Price upon deducting the Profit Guarantee Security to the Vendors in accordance with the terms and conditions of the SPA 2.

This announcement is dated 24 April 2014.