Bursa
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.
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 |