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Announcements

Additional Shares Subscription In Able Dairies De Mexico ("ADM"), Joint Venture Company In Mexico By Able Dairies Sdn Bhd. ("ABLE DAIRIES"), A Wholly-Owned Subsidiary Of JTB.

BackSep 10, 2019
Type Announcement
Subject OTHERS
Description

JOHORE TIN BERHAD ("JTB" or "the Company")

Additional Shares Subscription in ABLE DAIRIES DE MEXICO ("ADM"), Joint Venture Company in Mexico by Able Dairies Sdn Bhd. ("ABLE DAIRIES"), a wholly-owned subsidiary of JTB.

 

The Board of Directors of JTB ("the Board") wishes to announce that Able Dairies Sdn. Bhd. (Co. No. 765074-D) ("Able Dairies"), a wholly-owned Subsidiary of JTB, had subscribed for an additional 1,078,667 (One  Million Seventy Eight Thousand Six Hundred Sixty Seven) ordinary and nominative shares,  each with face value of $100.00 (One Hundred Pesos 00/100 Mexican Currency) on its equivalent to the amount of USD5,589,427.43 (United States Dollar: Five Million Five Hundred Eighty Nine Thousand Four Hundred Twenty Seven and Cents Forty Three Only) representing 43.13% interest in shares in ADM. 

 

This announcement dated 10 September 2019.

 


Announcement Info

 

Company Name JOHORE TIN BERHAD
Stock Name JOHOTIN
Date Announced 10 Sep 2019
Category General Announcement for PLC
Reference Number GA1-05092019-00019