Asset Acquisitions and Disposals::TERM SHEET - THE PROPOSED ACQUISITION OF SHARES IN PT. CAHAYA SAKTI

Issuer & Securities

Issuer/ Manager
ASTI HOLDINGS LIMITED
Securities
ASTI HOLDINGS LIMITED - SG1G77872271 - 575
Stapled Security
No

Announcement Details

Announcement Title
Asset Acquisitions and Disposals
Date &Time of Broadcast
17-Oct-2016 19:50:02
Status
New
Announcement Sub Title
TERM SHEET - THE PROPOSED ACQUISITION OF SHARES IN PT. CAHAYA SAKTI
Announcement Reference
SG161017OTHRNN0I
Submitted By (Co./ Ind. Name)
DATO' MICHAEL LOH SOON GNEE
Designation
EXECUTIVE CHAIRMAN & CEO
Description (Please provide a detailed description of the event in the box below)
The board of directors of the Company is pleased to announce that the Company has on 17 October 2016 entered into a non-binding term sheet with Mr. Ifachrul Madin, details of whom would be provided at a subsequent date, in relation to the Company's proposed acquisition of shares representing up to 55% of the total issued share capital of PT. Cahaya Sakti.

Attachments

ASTI_Term Sheet_Proposed Acquisition of PT Cahaya Sakti.pdf
Total size =340K