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Jaya Tiasa Holdings Berhad ("JTH" Or The "Company") - Acquisition Of Subsidiary Company

BackJul 07, 2003

General Announcement
Reference No JT-030707-59577

Company Name	:	JAYA TIASA HOLDINGS BHD
Stock Name	:	JTIASA
Date Announced	:	07/07/2003


Type	:	Announcement
Subject	:	JAYA TIASA HOLDINGS BERHAD ("JTH" or the "Company") - ACQUISITION OF SUBSIDIARY COMPANY

Contents :

The Board of Directors of Jaya Tiasa Holdings Berhad("JTH" or "the Company")is pleased to announce that JTH has on 7 July 2003 acquired two (2) ordinary shares of RM1.00 each representing 100% of the total issued and paid-up share capital of Multi Greenview Sdn. Bhd. (Company No. 617302-P) ("MGSB") for a total cash consideration of RM2.00 only.

MGSB was incorporated on 3 June 2003 under the Companies Act, 1965 with an authorised share capital of RM100,000.00 divided into 100,000 ordinary shares of RM1.00 each of which 2 ordinary shares of RM1.00 each has been issued and fully paid-up.

The intended principal activity of MGSB shall be development of oil palm plantation and related activities.

None of the Directors and substantial shareholders of JTH or persons connected with them has any interest, direct or indirect, in the acquisition.

Investor Relations

Jaya Tiasa Holdings Berhad ("JTH" Or The "Company") - Acquisition Of Subsidiary Company

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