| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description |
MALAYSIA AICA BERHAD (“MAICA” OR “THE COMPANY”)
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The terms used herein has the same meaning as those defined in the announcement made on 23 October 2013.
We refer to our announcements made on 23 October 2013, 26 November 2013, 26 December 2013 and 20 January 2014 in relation to the Proposals. On behalf of the Board of Directors of Maica, RHB Investment Bank Berhad wishes to announce that all the conditions precedent in the PPA and the SPA have been met. The Company had on 22 January 2014 paid the balance cash payment of RM36,400,000 and issued and allotted an aggregate of 28,000,000 new Maica Shares to Datuk Ter Leong Yap, being the nominee of the Vendor to receive the Consideration Shares in satisfaction of the Acquisitions and thereby marking the completion of the Proposals. Accordingly, the Acquisitions are now completed in accordance with the PPA and SPA. This announcement is dated 22 January 2014. |
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| Company Name | MALAYSIA AICA BERHAD |
| Stock Name | MAICA |
| Date Announced | 22 Jan 2014 |
| Category | General Announcement |
| Reference No | MI-140122-64567 |