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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS MAJUPERAK HOLDINGS BERHAD ("MHB" or "the Company") SHARE SALE AGREEMENT IN RELATION TO THE PROPOSED ACQUISITION OF 49% EQUITY INTEREST IN ALLIED GROUP PROPERTY SERVICES SDN BHD ("AGPS") AND ALLIED GROUP PROPERTY SERVICES (PENANG) SDN BHD ("AGPSP") ["TARGET COMPANIES"] BY MAJUPERAK HOLDINGS BERHAD ("MHB", "Purchaser" or "the Company")

Amended Announcements
Please refer to the earlier announcement reference number: GA1-01082022-00066

MAJUPERAK HOLDINGS BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
MAJUPERAK HOLDINGS BERHAD ("MHB" or "the Company")

SHARE SALE AGREEMENT IN RELATION TO THE PROPOSED ACQUISITION OF 49% EQUITY INTEREST IN ALLIED GROUP PROPERTY SERVICES SDN BHD ("AGPS") AND ALLIED GROUP PROPERTY SERVICES (PENANG) SDN BHD ("AGPSP") ["TARGET COMPANIES"] BY MAJUPERAK HOLDINGS BERHAD ("MHB", "Purchaser" or "the Company")

Further to the Company's announcements on 30 March 2022 and 29 April 2022, the Board of Directors of MHB wishes to announce that the Company had on 1 August 2022 entered into a Share Sale Agreement (“this Agreement”) with Cheong Mee Yoke, Teoh Oo Seng and Tan Keng Heng (collectively referred to as “Vendors”) to acquire 49% equity interest in the Target Companies (“Sale Shares”) from the Vendors for a total cash consideration of RM9,800,000.00 only (“Purchase Consideration”).

 

Please refer to the attachment for further details.

 

This is an amended announcement dated 2 August 2022 as the date of entering into the Share Sale Agreement as stated in the attachment (first paragraph) should be 1 August 2022 instead of 2 August 2022.




Please refer attachment below.



Announcement Info

Company Name MAJUPERAK HOLDINGS BERHAD
Stock Name MJPERAK
Date Announced 02 Aug 2022
Category General Announcement for PLC
Reference Number GA1-02082022-00045


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