[ 03-01-2011 ]

EVERGREEN FIBREBOARD BERHAD (“EFB” or “the Company”) ~ ACQUISITION OF 2,500,000 ORDINARY SHARES OF RM1.00 EACH REPRESENTING 100% OF THE PAID-UP CAPITAL OF EVERGREEN ADHESIVE & CHEMICALS (GURUN) SDN BHD (“Acquisition”)

General Announcement

Reference No CC-101230-36711

 

Company Name	:	EVERGREEN FIBREBOARD BERHAD
Stock Name	:	EVERGRN
Date Announced	:	03/01/2011

Type	:	Announcement
Subject	:	EVERGREEN FIBREBOARD BERHAD (“EFB” or “the Company”) ~ ACQUISITION OF 2,500,000 ORDINARY SHARES OF RM1.00 EACH REPRESENTING 100% OF THE PAID-UP CAPITAL OF EVERGREEN ADHESIVE & CHEMICALS (GURUN) SDN BHD (“Acquisition”)
Contents	:	On behalf of the Board of Directors of EFB, we wish to announce that the Company had on 31 December 2010 acquired 2,500,000 ordinary shares of RM1.00 each representing 100% of the paid-up capital of Evergreen Adhesive & Chemicals (Gurun) Sdn Bhd (“EACG”) from Liao Sock Min (NRIC No. 790621-01-6160) and Zarina Binti Ahmad (NRIC No. 700117-08-5894) (collectively known as “Vendor”) at a cash consideration of RM2,500,000.00 (Ringgit Malaysia Two Million and Five Hundred Thousand Only). With this Acquisition, EACG will become a wholly-owned subsidiary of EFB. The details of the Acquisition are attached below. This announcement is dated 3 January 2010
Attachments	:	KMBT35020101230051427.pdf
Announcement Details :