[ 23-06-2008 ]

Business Transfer Agreement entered between Evergreen Fibreboard Berhad (“EFB” or the “Company”), Evergreen Fibreboard (Nilai) Sdn Bhd (“ EFN ”), Hume Fibreboard Sdn Bhd (“HFSB or the Vendor”) and Hume Industries (Malaysia) Berhad (“Hume Industries”)

General Announcement

Reference No CC-080623-F13F3

 

Company Name	:	EVERGREEN FIBREBOARD BERHAD
Stock Name	:	EVERGRN
Date Announced	:	23/06/2008

Type	:	Announcement
Subject	:	Business Transfer Agreement entered between Evergreen Fibreboard Berhad (“EFB” or the “Company”), Evergreen Fibreboard (Nilai) Sdn Bhd (“ EFN ”), Hume Fibreboard Sdn Bhd (“HFSB or the Vendor”) and Hume Industries (Malaysia) Berhad (“Hume Industries”)
Contents	:	The Board of Directors of EFB wishes to announce that the Company and its wholly-owned subsidiary, Evergreen Fibreboard (Nilai) Sdn Bhd had on 23rd June 2008 entered into a Business Transfer Agreement with Hume Industries (Malaysia) Berhad and Hume Fibreboard Sdn. Bhd. wherein EFN shall acquire from HFSB, the Business of HFSB, for a total purchase price RM213,230,000 (Ringgit Malaysia Two Hundred Thirteen Million Two Hundred and Thirty Thousand Only) in part cash and part shares. The details of the announcement is set out in the attachment below.
Attachments	:	Announcement -BTA.pdf