The Board of Directors of Sentoria is pleased to announce that Sentoria, has on 13 August 2013, acquired 2 ordinary shares of RM1-00 each in Sentoria Borneo Land Sdn. Bhd. (“SBLSB”), representing 100% of the issued and paid-up capital of SBLSB for a total cash consideration of RM2-00 only, resulting in SBLSB becoming a wholly-owned subsidiary of the Company.

 

SBLSB was incorporated on 3 May 2013 and its authorised share capital is RM400,000/- comprising 400,000 ordinary shares of RM1-00 each. SBLSB is currently dormant and its intended principal activities are property development.

 

None of the Directors and/or major shareholders of Sentoria and/or persons connected to them have any interest, direct and indirect in the above acquisition. 

 

This announcement is dated 13 August 2013.