General Announcement
Reference No TR-070529-57082

Company Name
:
TEXCHEM RESOURCES BERHAD  
Stock Name
:
TEXCHEM  
Date Announced
:
31/05/2007  


Type:Announcement
Subject:PROPOSED DISPOSAL OF 16,000,000 ORDINARY SHARES OF RM1.00 EACH IN TEXCHEM CONSUMERS SDN. BHD. ("THE COMPANY") REPRESENTING 100% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF THE COMPANY BY TEXCHEM RESOURCES BERHAD ("TRB") TO DKSH HOLDINGS (MALAYSIA) BERHAD [FORMERLY KNOWN AS DIETHELM HOLDINGS (MALAYSIA) BERHAD] ("THE PURCHASER") AT A TOTAL CASH PURCHASE CONSIDERATION OF RM16,000,000 ["PROPOSED DISPOSAL"]

Contents :

Reference is made to the earlier announcements made by TRB on 20 April 2007, 4 May 2007 and 18 May 2007 with regard to the above matter.


We wish to announce that the Proposed Disposal in accordance with the conditional Share Sale Agreement with DKSH Holdings (Malaysia) Berhad [formerly known as Diethelm Holdings (Malaysia) Berhad] as announced on 20 April 2007 has been completed today.



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