PUT AND CALL OPTION AGREEMENT ENTERED BY NV MULTI CAPITAL SDN BHD WITH HSIEH MING-HSUN

NV MULTI CORPORATION BERHAD

TypeAnnouncement
SubjectPUT AND CALL OPTION AGREEMENT ENTERED BY NV MULTI CAPITAL SDN BHD WITH HSIEH MING-HSUN
ContentsFurther to the announcement dated 6 July 2007, the Board of Directors of NV Multi Corporation Berhad wishes to announce that the time limited to exercise the right to acquire 20% equity interest in NV Multi Capital Sdn. Bhd. (“NV Capital”) (formerly known as Paramount Right Sdn. Bhd.) from Mr. Hsieh Ming-Hsun (“Hsieh”), the existing 40% shareholder of NV Capital, at cash consideration of RM2,500,000 stated in the Put and Call Option Agreement dated 4 July 2007 entered between NV Capital and Hsieh, has been extended for another 60 days and shall expire on 15 January 2008

This announcement is dated 26 November 2007


Announcement Info

Company NameNV MULTI CORPORATION BERHAD  
Stock Name NVMULTI    
Date Announced26 Nov 2007  
CategoryGeneral Announcement
Reference NoNM-071122-74496