Reuters, 26 August 2011 - Dijaya Corporation Berhad Subscribes 99.99% In Ace Rhythm Sdn Bhd

Reuters, 26 August 2011

Dijaya Corporation Berhad announced that the Company has, on August 26, 2011 subscribed for 249,995 new ordinary shares of MYR 1.00 each in Ace Rhythm Sdn Bhd (ARSB), representing 99.99% of the total issued and paid-up share capital of ARSB, for a cash consideration of MYR 249,995 (Subscription). Pursuant to the Subscription, ARSB shall be a 99.99%-owned subsidiary of the Company.