07/09/2011 – General Announcement
| General Announcement |
| Reference No OI-110907-36127 |
| Submitting Merchant Bank |
:
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OSK INVESTMENT BANK BERHAD |
| Company Name |
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CAREPLUS GROUP BERHAD (ACE Market) |
| Stock Name |
:
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CAREPLS |
| Date Announced |
:
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07/09/2011 |
| Admission Sponsor |
:
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OSK Investment Bank Bhd |
| Sponsor |
:
|
Same as above |
| Type |
:
|
Announcement |
| Subject |
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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description |
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CAREPLUS GROUP BERHAD (“CAREPLUS” OR THE “COMPANY”)
JOINT VENTURE BETWEEN CAREPLUS AND DESCARPACK DESCARTAVEIS DO BRASIL LTDA. (“DESCARPACK”), A COMPANY INCORPORATED UNDER THE LAWS OF BRAZIL, THROUGH THE EQUITY PARTICIPATION IN CAREPLUS GLOBAL SDN BHD (“CAREGLOVE”) (“JOINT VENTURE”) |
|
Announcement Details/Table Section : All defined terms used in this announcement, unless the context otherwise states, shall bear the same meaning as those defined in the announcement dated 17 June 2011 in relation to the Joint Venture exercise. We refer to the announcements dated 17 June 2011, 22 June 2011 and 28 June 2011 in relation to the Joint Venture. On behalf of the Board, we are pleased to announce that the existing 49,999 ordinary shares of RM1.00 each in Careglove, representing 50% less 1 share in Careglove, has been registered under the name of Descarpack, marking the completion of the Joint Venture exercise. This announcement is dated 7 September 2011. |