TEXCHEM RESOURCES BHD. - Announcements - Bursa Malaysia

issuance of such number of new ordinary shares in TXPHS (“TXPHS Shares”) based on a
5-day weighted average market price of TXPHS Shares immediately preceding the date of
the Share Sale Agreement dated 26 January 2007 i.e. S$0.332 per TXPHS Share
(equivalent to approximately RM0.76 based on an exchange rate of S$1=RM2.28 as at 25
January 2007).
(vii) Sale and Purchase Agreement dated 8 March 2007 between Texchem-Pack (Thailand) Co.,
Ltd. and EA Power Co., Ltd., (“EPA”) for the acquisition of the freehold land held under
title deed nos 33596 to 33599, Lot Nos. 641 to 644, survey nos. 1959 to 1962, Bang Pa-In
Industrial Estate, Bang Pa-In, Ayutthaya, 13160 Thailand, consisting of land and buildings
(comprising factories and a staff canteen and all facilities and utilities inside and outside
the factories within the area of such land) at a total consideration of THB99,000,000
[equivalent to approximately Ringgit Malaysia Ten Million Five Hundred and Ninety
Three Thousand (RM10,593,000) based on an exchange rate of THB1 = RM0.0107 as at 8
March 2007].
(viii) Share Sale Agreement dated 12 March 2007 between TRB and TXPHS for the disposal of
5,737,500 ordinary shares of RM1.00 each in Texchem-Pack Bangi Sdn. Bhd. (formerly
known as Sanko Kasei (M) Sdn. Bhd.) (“TXPB”) representing 51% of the issued and paidup
share capital of TXPB by TRB to TXPHS at a total consideration of RM5,737,500 to be
satisfied by the issuance of 8,214,618 new ordinary shares in TXPHS based on a 5-day
weighted average market price of TXPHS Shares immediately preceding the date of the
Share Sale Agreement dated 12 March 2007 i.e. S$0.305 per TXPHS Share (equivalent to
approximately RM0.70 based on an exchange rate of S$1=RM2.29 as at 12 March 2007).
(ix) Share Sale Agreement dated 12 March 2007 between Sanko Kasei Co., Ltd (Sanko Japan)
and TXPHS for the acquisition of 4,500,000 ordinary shares of RM1.00 each in TXPB
representing 40% of the issued and paid-up share capital of TXPB by Sanko Japan to
TXPHS at a total consideration of RM4,500,000 to be satisfied by the issuance of
6,442,838 new ordinary shares in TXPHS based on a 5-day weighted average market
price of TXPHS Shares immediately preceding the date of the Share Sale Agreement dated
12 March 2007 i.e. S$0.305 per TXPHS Share (equivalent to approximately RM0.70 based
on an exchange rate of S$1=RM2.29 as at 12 March 2007).
(x) Share Sale Agreement dated 20 April 2007 between TRB and DKSH Holdings (Malaysia)
Berhad [formerly known as Diethelm Holdings (Malaysia) Berhad] (“DKSH”) for the
disposal of 16,000,000 ordinary shares of RM1.00 each in Texchem Consumers Sdn. Bhd.
(“TCSB”) representing 100% of the issued and paid-up share capital of TCSB by TRB to
DKSH at a total consideration of RM16,000,000.
(xi) Share Sale Agreement dated 13 June 2007 between TRB and Texchem Corporation Sdn.
Bhd. (“Texcorp”) for the acquisition of 442 shares of USD 5,000 each in PT. Technopia
Jakarta (“PTTJ”) representing approximately 30% of the issued and paid-up share capital
of PTTJ by TRB from Texcorp at cash consideration of RM8,415,470.
(xii) A conditional Share Purchase Agreement dated 6 September 2007 between Texchem
Materials Sdn. Bhd (“Texmat”) [as Purchaser], a subsidiary of TRB, and Mitsui Bussan
Frontier Co., Ltd., (“Mitsui”) [as Vendor] for the acquisition of 100% equity interest in
New Material (Malaysia) Sdn. Bhd. [formerly known as New Material Service Inc.]
(“NMM”) for a total cash purchase consideration of RM3,000,000.
(xiii) Share Sale Agreement dated 22 February 2008 between TRB and Texcorp for the
acquisition of 310 shares of USD5,000 each in PTTJ representing approximately 21% of
the issued and paid-up share capital of PTTJ by TRB from Texcorp at a cash consideration
of RM5,903,588.
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