REDIFFUSION BERHAD ("RB" or the "Company") PROPOSED DISPOSAL BY RB OF 700,000 ORDINARY SHARES OF RM1.00 EACH REPRESENTING 70% EQUITY INTEREST IN RADIO REDIFFUSION SDN BHD ("RRSB") TO STAR COMMERCIAL PUBLICATIONS SDN BHD ("SCPSB") FOR A CASH CONSIDERATION OF RM16,276,115 ("PROPOSED DISPOSAL")
| REDIFFUSION BERHAD |
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Type | Announcement |
| Subject | REDIFFUSION BERHAD ("RB" or the "Company") PROPOSED DISPOSAL BY RB OF 700,000 ORDINARY SHARES OF RM1.00 EACH REPRESENTING 70% EQUITY INTEREST IN RADIO REDIFFUSION SDN BHD ("RRSB") TO STAR COMMERCIAL PUBLICATIONS SDN BHD ("SCPSB") FOR A CASH CONSIDERATION OF RM16,276,115 ("PROPOSED DISPOSAL") |
Contents :
We refer to the announcements dated 25 September 2002, 27 September 2002, 23 December 2002 and 30 January 2003 on the above matter and on behalf of RB, we hereby announce that RB and SCPSB have through an exchange of letters, mutually agreed to extend the cut-off date from 31 March 2003 to 30 April 2003 for RB to obtain the approval of its shareholders for the Proposed Disposal.This announcement is dated 1 April 2003.
Announcement Info
| Company Name | REDIFFUSION BERHAD |
| Stock Name | RFUSION |
| Date Announced | 1 Apr 2003 |
| Category | General Announcement |
| Reference No | MM-030401-55461 |