The Board of Directors of Pharmaniaga Berhad (‘Pharmaniaga” or “the Company”) wishes to announce that the Company had on 28 August 2015 entered into a conditional Share Purchase Agreement with Dato’ Dr Kattayat Mohandas A/L C P Narayana, the registered shareholder of BCTSB to acquire the existing 1,400,000 ordinary shares of RM1.00 each in BCTSB representing 70% of the total issued and paid-up share capital of BCTSB for a total cash consideration of RM3,500,000.00 only.
Please refer to the attachment for details of the announcement.
This announcement is dated 28 August 2015.