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OTHERS METRO HEALTHCARE BERHAD ("METRO" OR "THE COMPANY") - Acquisition of 100% equity interest in SSH Care Sdn Bhd (SSH)

METRO HEALTHCARE BERHAD

Type Announcement
Subject OTHERS
Description
METRO HEALTHCARE BERHAD ("METRO" OR "THE COMPANY")
- Acquisition of 100% equity interest in SSH Care Sdn Bhd (SSH)

As disclosed in paragraph 3.5(i)(b) of page 10 and paragraph 10.3(i) of page 81 of the Information Memorandum dated 19 January 2018, Metro had on 5 December 2017 entered into the Share Sale Agreement (“SSA”) to acquire the entire issued share capital of SSH comprising 200,000 ordinary shares for a total cash consideration of RM397,378.00 (Ringgit Malaysia: Three Hundred Ninety Seven Thousand Three Hundred and Seventy Eight only).

The Board of Directors of Metro wishes to announce that all the conditions precedent of the SSA including the transfer of shares duly registered with Metro has been fulfilled. Henceforth, the acquisition of the entire issued share capital of SSH is completed.

 

This announcement is dated 16 May 2018.






Announcement Info

Company Name METRO HEALTHCARE BERHAD
Stock Name MHCARE
Date Announced 16 May 2018
Category General Announcement for PLC
Reference Number GA1-16052018-00067



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