PROPOSED ACQUISITION
ANALABS RESOURCES BERHAD ("ANALABS" OR THE "COMPANY")
- PROPOSED ACQUISITION OF 100% EQUITY INTEREST IN COVERIGHT SURFACES MALAYSIA SDN BHD
FOR A CASH CONSIDERATION OF RM40.0 MILLION ("PROPOSED ACQUISITION")
We refer to the announcement dated 22 July 2009 wherein Analabs had on even date entered into a conditional share purchase agreement ("SPA") with Surfaces Holding B.V. (the "Vendor") for the acquisition of 100% equity interest in Coveright Surfaces Malaysia Sdn Bhd from the Vendor for a cash consideration of RM40.0 million.
On behalf of Analabs, OSK Investment Bank Berhad wishes to announce that the SPA has become unconditional.
Accordingly, the Proposed Acquisition is deemed to be completed.
This announcement is dated 7 September 2009.
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