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CHANGE OF GROUP STRUCTURE: RESTRUCTURING OF COMPANY
The Board of Directors wishes to announce that the Acquisition has not been concluded yet as the Company is still waiting for an extract of the directors’/members’ resolution of MEOS to approve the disposal of 499,999 Ordinary Shares and 2,500,000 Redeemable Preference Shares by MEOS to Sea Legend Shipping Sdn Bhd before concluding the Acquisition.
EXPECTED TIMEFRAME FOR COMPLETION
Barring unforeseen circumstances, the time frame for the Acquisition shall be extended and is expected to be completed by the end of September 2016.
This announcement is dated 30 June 2016.
|Company Name||SEALINK INTERNATIONAL BERHAD|
|Date Announced||30 Jun 2016|
|Category||General Announcement for PLC|