General Announcement

Reference No CC-130830-55393

Company Name

:

IRE-TEX CORPORATION BERHAD

Stock Name

:

IRETEX

Date Announced

:

30/08/2013

Type

:

Announcement

Subject

:

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS

Description

:

ACQUISITION OF 100% EQUITY INTEREST IN SUZHOU STYROTEX PLASTIC CO. LTD BY IRE-TEX CORPORATION BERHAD

Attachments

:

Acq SSP from SSPL_Bursa.pdf

Announcement Details/Table Section:

The Board of Directors of Ire-Tex Corporation Berhad ("ITCB" or "the Company") wishes to announce that the Company has acquired entire 100% interest in Suzhou Styrotex Plastic Co. Ltd (Company Registration No. 320500400026706) with its registered address at XuJing Road, Xu Guan New District, Suzhou, Jiangsu Province, China 215151 (“SSP”) from Styropak Singapore Pte. Ltd. (Company Registration No. 200822980H), a company incorporated in Singapore with its registered address at 18, Boon Lay Way, #07-133/134/135 Tradehub 21 Singapore 609966 (“SSPL”) for a cash consideration of SGD1,240,000.00 only ("Acquisition") on 30 August 2013.

Please refer to the attachment for additional information.
This Announcement is dated 30 August 2013.