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News: ANN Careplus Group Enters JV Arrangement With Ansell Services (Asia)

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    06/02/20
    00:50
    Post #: 42770155

    Feb 5 (Reuters) - Careplus Group Bhd CARE.KL :

    • CAREPLUS GROUP BHD ENTERS JV ARRANGEMENT WITH ANSELL SERVICES (ASIA)
    • TO DISPOSE 50% STAKE IN UNIT FOR INDICATIVE CONSIDERATION OF 26.81 MILLION RGT TO ANSELL
    • CAREPLUS GROUP PROPOSES SHAREHOLDERS AGREEMENT BETWEEN CO, ANSELL AND UNIT TO OPERATE UNIT AS JV
    • SHAREHOLDERS DEAL TO INCLUDE FURTHER SUBSCRIPTION OF CMSB SHARES AT CONSIDERATION UP TO 21 MILLION RGT BY CO & ANSELL EQUALLY

    Source text https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3021449

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