OTHERS AYS Ventures Berhad ("AYS or "the company") Acquisition of shares in Infinity FZ Sdn Bhd ("IFZSB")

AYS VENTURES BERHAD

Type Announcement
Subject OTHERS
Description
AYS Ventures Berhad ("AYS or "the company")
Acquisition of shares in Infinity FZ Sdn Bhd ("IFZSB")

The Board of Directors of AYS wishes to inform that the Company has on 7 September 2015 entered into a Share Sales Agreement (SSA) to acquire 100,000 ordinary share of RM1.00 each (“IFZSB Shares”) representing the entire equity interest in IFZSB (“Acquisition”). Upon completion of the Acquisition, IFZSB will become a wholly-owned subsidiary of AYS.

 

Details on the Acquisition are set out in the attachment.

 

 

 

 

This announcement is dated 7 September 2015.




Please refer attachment below.



Announcement Info

Company Name AYS VENTURES BERHAD
Stock Name AYS
Date Announced 07 Sep 2015
Category General Announcement for PLC
Reference Number GA1-07092015-00003