The Board of Directors of Sentoria is pleased to announce that Sentoria, had on 6 December 2012, acquired 2 ordinary shares of RM1-00 each from its wholly-owned subsidiary, Sentoria Themeparks and Resorts Sdn. Bhd. representing 100% of the total issued and paid-up share capital in Sentoria Morib Sdn. Bhd. ("SMSB") for a total cash consideration of RM2-00 only.
SMSB was incorporated on 1 August 2011 and its authorised share capital is RM100,000/-. SMSB is currently dormant and its intended principal activities are to own, manage and operate hotels, theme parks and resorts.
None of the Directors and/or major shareholders of Sentoria and/or persons connected to them have any interest, direct orindirect in the above acquisition.
This announcement is dated 6 December 2012.