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MULTIPLE PROPOSALS (I) PROPOSED ACQUISITION OF THE ENTIRE EQUITY INTEREST IN SEP RESOURCES (M) SDN BHD ("SEP") FOR A PURCHASE CONSIDERATION OF RM29,150,000 ("PROPOSED ACQUISITION OF SEP"); AND (II) PROPOSED VARIATION VIA THE SUPPLEMENTAL AGREEMENT DATED 9 AUGUST 2016 TO ADD ON, AMEND AND VARY CERTAIN TERMS AND CONDITIONS OF THE SHARE SALE AGREEMENT DATED 29 AUGUST 2014 IN RELATION TO THE PROPOSED ACQUISITION OF SEP ("PROPOSED VARIATION") (COLLECTIVELY REFERRED TO AS "PROPOSALS")

PESONA METRO HOLDINGS BERHAD

Type Announcement
Subject MULTIPLE PROPOSALS
Description 
(I)	PROPOSED ACQUISITION OF THE ENTIRE EQUITY INTEREST IN SEP RESOURCES (M) SDN BHD ("SEP") FOR A PURCHASE CONSIDERATION OF RM29,150,000 ("PROPOSED ACQUISITION OF SEP"); AND

(II)	PROPOSED VARIATION VIA THE SUPPLEMENTAL AGREEMENT DATED 9 AUGUST 2016 TO ADD ON, AMEND AND VARY CERTAIN TERMS AND CONDITIONS OF THE SHARE SALE AGREEMENT DATED 29 AUGUST 2014 IN RELATION TO THE PROPOSED ACQUISITION OF SEP ("PROPOSED VARIATION")

(COLLECTIVELY REFERRED TO AS "PROPOSALS")

We refer to the announcements dated 26 May 2016 and 9 August 2016 in relation to the Proposed Acquisition of SEP (“Announcements”) and the circular to shareholders of PMHB dated 15 December 2014. Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

TA Securities wishes to announce that it has, on behalf of the Board of Directors of PMHB, submitted the listing application in relation to the Proposed Acquisition of SEP to Bursa Securities on 25 August 2016.

This announcement is dated 25 August 2016.



Announcement Info

Company Name PESONA METRO HOLDINGS BERHAD
Stock Name PESONA
Date Announced 25 Aug 2016
Category General Announcement for PLC
Reference Number GA1-25082016-00006




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