SCGM Eyes Acquisition of Eramas Global to Revamp Cash Company Status
SCGM Eyes Acquisition of Eramas Global to Revamp Cash Company Status
SCGM Bhd, a Practice Note 16 (PN16) company, has initiated an agreement to acquire the entire equity interest in Eramas Global Group Sdn Bhd.
第16号实践说明（PN16）公司SCGM Bhd已启动一项协议，收购埃拉马斯环球集团私人有限公司的全部股权。
The move will serve as part of its regularisation plan aimed at addressing SCGM's status as a cash company.
此举将作为其正规化计划的一部分，该计划旨在解决SCGM作为现金公司的地位。
Eramas Global and its subsidiaries are actively involved in the sale, distribution, and manufacturing of coconut-related products, palm oil, fat products, and dairy items, both locally and internationally.
Eramas Global及其子公司积极参与本地和国际上椰子相关产品、棕榈油、脂肪制品和乳制品的销售、分销和制造。
SCGM told the stock exchange that it had today entered into a heads of agreement (HOA) with Chin Kok Tian, Yan Hua Lan, Tan Ah Tek, Gan Chuan Lee, Tey Chee Shin, Tan Tai Chong, and Lau Sie Khian, for the acquisition of the entire equity interest in Eramas Global.
SCGM告诉证券交易所，它今天已与Chin Kok Tian、燕华兰、Tan Ah Tek、Gan Chuan Lee、Tey Chee Shin、Ten Tai Chee Chien和Lau Sie Khian签订了收购Eramas Global全部股权的协议（HOA）。
The terms of the agreement stipulate that SCGM and the vendors of Eramas Global will finalise the acquisition through a definitive agreement, subject to thorough due diligence encompassing financial, legal, and operational aspects of the target group.
协议条款规定，SCGM和Eramas Global的供应商将通过最终协议完成收购，前提是对目标群体的财务、法律和运营方面进行全面的尽职调查。
The purchase consideration is yet to be determined, with SCGM considering settlements through cash payments or the issuance of new ordinary shares at an issue price of 61.5 sen per share.
收购对价尚未确定，SCGM考虑通过现金支付或以每股61.5仙的发行价格发行新普通股进行结算。
The definitive agreement is expected to be concluded within 180 days from the date of the HOA, with provisions for a potential extension of 30 days, or as mutually agreed upon.
最终协议预计将在HOA之日起180天内达成，其中规定可能延期30天，或经双方同意。
The proposed acquisition constitutes a related party transaction due to, Chin Kok Tian, Yan Hua Lan, and Tan Ah Tek, are substantial shareholders collectively holding approximately 24.15% equity interest in SCGM.
拟议的收购构成关联方交易，因为Chin Kok Tian、Yan Hua Lan和Tan Ah Tek是主要股东，共同持有SCGM约24.15％的股权。
These interested parties have committed to abstain from voting on resolutions related to the acquisition, and SCGM has appointed Inter-Pacific Securities Sdn Bhd as the principal adviser for its proposed regularisation plan.
这些利益相关方承诺对与收购相关的决议投弃权票，SCGM已任命环太证券私人有限公司为其拟议的正规化计划的首席顾问。
Additionally, an independent adviser will be enlisted to advise non-interested directors and shareholders on the acquisition before the definitive agreement is executed.
此外，在最终协议执行之前，将聘请独立顾问就收购向非利益相关董事和股东提供建议。
On May 9, 2022, a Johor-based company announced the sale of its core food packaging operations to two Tokyo-listed Japanese parties, Mitsui & Co Ltd and FP Corp (FPCO), for RM544.38 million.
2022年5月9日，一家总部位于柔佛的公司宣布以5.4438亿令吉的价格将其核心食品包装业务出售给两家在东京上市的日本公司，即三井物产有限公司和FPCO（FPCO）。
This transaction resulted in the company transforming into a listed shell company, classified as a "cash company."
该交易导致该公司转型为上市空壳公司，被归类为 “现金公司”。