General Announcement

Reference No CC-110411-60761

Company Name

:

IRE-TEX CORPORATION BERHAD

Stock Name

:

IRETEX

Date Announced

:

11/04/2011

Type

:

Announcement

Subject

:

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS

Description

:

Subject : Investment in new subsidiary company, Jumbo Universe Sdn. Bhd., by Ire-Tex Corporation Berhad

The Board of Directors of Ire-Tex Corporation Berhad ("ITCB" or "the Company") wishes to announce that the Company has on 11 April 2011 acquired Ninety Eight Thousand (98,000) shares of RM1.00 each in Jumbo Universe Sdn. Bhd. ("JUSB") for a total cash consideration of Ringgit Malaysia Ninety Eight Thousand (RM98,000.00) only ("the Acquisition"). On the same date, ITCB has also subscribed for One Hundred And Forty Thousand (140,000) new shares of RM1.00 each in JUSB for a total cash consideration of Ringgit Malaysia One Hundred And Forty Thousand (RM140,000.00) only ("the Subscription"). Please refer to the attached file for details

This announcement is dated 11 April 2011.

Attachments

:

Acquisition & Subscription of shares in Jumbo Universe_110411.pdf

Announcement Details/Table Section