Bursa Announcements

Acquisition Of Shares In An Unquoted Company

BackApr 30, 2007
Date Announced
:
30/04/2007  

Type : Announcement
Subject : ACQUISITION OF SHARES IN AN UNQUOTED COMPANY


Contents :

The Board of Directors of Bonia Corporation Berhad ("Bonia" or "Company") wishes to announce that Dominion Directions Sdn Bhd ("DDSB"), a wholly-owned subsidiary of Bonia has on 30 April 2007 acquired the entire equity interest in GALAXY HALLMARK SDN BHD ("GHSB") comprising 2 ordinary shares of RM1.00 each for a total cash consideration of RM2.00 only from Cik Noraini Binti Abdullah and Encik Zainudin Bin Koming who were also the Directors of GHSB ("Acquisition").

GHSB is a dormant company and its current authorised share capital is RM100,000 comprising of 100,000 ordinary shares of RM1.00 each, of which 2 shares have been issued and fully paid-up.

The intended principal activities of GHSB are marketing and distribution of men's apparel and accessories.

The Acquisition has no material effect on the earnings per share, net tangible assets per share, share capital and the substantial shareholdings of the Company for the financial year ending 30 June 2007.

None of the Directors or major shareholders or persons connected to the Directors or major shareholders of Bonia or its subsidiaries have any interest, direct or indirect, in the Acquisition.

This announcement is dated 30 April 2007.