Asset Acquisitions and Disposals::PROPOSED ACQUISITION OF THE CALL OPTION SHARES - RECEIPT OF LISTING AND QUOTATION NOTICE

Issuer & Securities

Issuer/ Manager
JB FOODS LIMITED
Securities
JB FOODS LIMITED - SG2F01983590 - Q0W
Stapled Security
No

Announcement Details

Announcement Title
Asset Acquisitions and Disposals
Date &Time of Broadcast
30-Sep-2014 18:51:27
Status
New
Announcement Sub Title
PROPOSED ACQUISITION OF THE CALL OPTION SHARES - RECEIPT OF LISTING AND QUOTATION NOTICE
Announcement Reference
SG140930OTHR6KC7
Submitted By (Co./ Ind. Name)
ONG BENG HONG
Designation
JOINT COMPANY SECRETARY
Description (Please provide a detailed description of the event in the box below)
PLEASE SEE ATTACHED THE FOLLOWING:

1) THE PROPOSED ACQUISITION OF THE CALL OPTION SHARES IN PT JEBE KOKO AS A MAJOR TRANSACTION AND AN INTERESTED PERSON TRANSACTION; AND

2) ALLOTMENT AND ISSUE OF 38,000,000 CONSIDERATION SHARES AT AN ISSUE PRICE OF S$0.30 EACH TO JBC COCOA GROUP SDN BHD, AS PART SATISFACTION OF THE CONSIDERATION FOR THE PROPOSED ACQUISITION.

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