OTHERS Adventa Berhad ("Adventa" or "the Company") - Clarification of article published in The Edge Malaysia on 24 October 2017

ADVENTA BERHAD

Type Announcement
Subject OTHERS
Description
Adventa Berhad ("Adventa" or "the Company") - Clarification of article published in The Edge Malaysia on 24 October 2017

We refer to an article appearing in The Edge Malaysia entitled "Top Glove said to buy Adventa's surgical glove operations" dated 24 October 2017.


 

The Board of Directors of Adventa wishes to clarify that the Company is no longer involved in the surgical glove manufacturing operations.

 

Adventa had undertaken a restructuring exercise in 2012 whereby the Company had on 25 July 2012, accepted the offer letter from Aspion Sdn. Bhd. to dispose of all of the surgical glove businesses and undertakings, including the liabilities and assets of Adventa other than the excluded business. The excluded business means all the shares in the capital of Sun Healthcare (M) Sdn. Bhd. and Electron Beam Sdn. Bhd. The disposal was approved by the shareholders on 1 November 2012 and was completed on 30 November 2012.

 

The Company had made all necessary announcements in respect of the said restructuring exercise to Bursa Malaysia Securities Berhad in compliance with the disclosure requirements in accordance with the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.


 

This announcement is dated 24 October 2017.






Announcement Info

Company Name ADVENTA BERHAD
Stock Name ADVENTA
Date Announced 24 Oct 2017
Category General Announcement for PLC
Reference Number GA1-24102017-00004