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ACQUISITION OF SHARES IN NETX HOLDINGS BERHAD

FINTEC GLOBAL BERHAD

Type Reply to Query
Reply to Bursa Malaysia's Query Letter - Reference ID IQL-11102021-00001
Subject ACQUISITION OF SHARES IN NETX HOLDINGS BERHAD
Description
FINTEC GLOBAL BERHAD ["FINTEC" or "the Company"]
- ACQUISITION OF SHARES IN NETX HOLDINGS BERHAD
Query Letter Contents

We refer to your Company’s announcement dated 7 October 2021, in respect of the aforesaid matter.

 

In this connection, kindly furnish Bursa Securities with the following additional information for public release:-

 

1.     The consolidated net profits and net assets of Netx Holdings Berhad (“Netx”) based on its latest audited financial statements.

 

2.     The direct and indirect shareholdings of YM Tengku Ahmad Badli Shah bin Raja Hussin, Tan Sik Eek and Chu Chee Peng in Netx.

 

Please furnish Bursa Securities with your reply within one (1) market day from the date hereof.

 

Yours faithfully,

 


LISTING

REGULATION

 

copy : Market Surveillance Dept. , Securities Commission (via fax)

We refer to the announcement dated 7 October 2021 (unless otherwise defined, the definitions set out in the announcement shall apply herein) and query letter from Bursa Malaysia Securities Berhad (“Bursa Securities”) dated 11 October 2021 (Ref: IQL-11102021-00001).

 

The Board of Directors of FINTEC wishes to announce the following additional information: -

 

1. The consolidated net profits and net assets of NetX Holdings Berhad (“NETX”) based on its latest audited financial statements for the financial year ended 30 November 2020.

 

Consolidated net profits

 (RM15,183,988.00)

Consolidated net assets

 RM162,467,235.00

 

2. The direct and indirect shareholdings of YM Tengku Ahmad Badli Shah Bin Raja Hussin, Tan Sik Eek and Chu Chee Peng in NETX. 

 

Name

Direct shareholding

Indirect shareholding

YM Tengku Ahmad Badli Shah Bin Raja Hussin

Nil

Nil

Tan Sik Eek

4.79%

Nil

Chu Chee Peng

Nil

Nil

 

This announcement is dated on 12 October 2021. 





Announcement Info

Company Name FINTEC GLOBAL BERHAD
Stock Name FINTEC
Date Announced 12 Oct 2021
Category General Announcement for PLC
Reference Number GA1-11102021-00076


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