OSKVI to dispose its 60% share of Finexasia for Rm12.5 million as part of RHBCAP and OSK investment Bank corporate exercise
The Board of Directors of OSKVI (“Board”) wishes to announce that OSKVE, a whollyowned
subsidiary of the Company, had on 28 May 2012 entered into a Conditional Share Purchase Agreement (“CSPA”) with RHBC in relation to the Proposed Disposal.
The Proposed Disposal will involve the disposal of 6,811,111 ordinary shares of RM1.00 each held in Finexasia, representing 59.95% of the total issued and paid-up share capital of Finexasia, to RHBC for a total cash consideration of RM12,500,000
