MPSOL

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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS MATRIX PARKING SOLUTION HOLDINGS BERHAD ("MATRIX" OR THE "COMPANY") PROPOSED ACQUISITION

MATRIX PARKING SOLUTION HOLDINGS BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
MATRIX PARKING SOLUTION HOLDINGS BERHAD ("MATRIX" OR THE "COMPANY") 
PROPOSED ACQUISITION

On behalf of the Board of Directors of Matrix, M & A Securities Sdn Bhd wishes to announce that Matrix has on 29 May 2020 entered into a conditional share sale agreement with Cabaran Permata Sdn Bhd, Envy Concept Sdn Bhd and Lam Joo Onn for the purchase by the Company from the Vendors of 100% equity interest in Prospect Builders Sdn Bhd for a purchase consideration of RM2,331,000.00 to be satisfied by the issuance of 14,568,750 new ordinary shares in Matrix at an issue price of RM0.16 per share.

 

Please refer to the attachment for further details.

 

The announcement is dated 29 May 2020.




Please refer attachment below.

Attachments

Matrix - Acquisition of PBSB.pdf
196.3 kB



Announcement Info

Company Name MATRIX PARKING SOLUTION HOLDINGS BERHAD
Stock Name MPSOL
Date Announced 29 May 2020
Category General Announcement for PLC
Reference Number GA1-29052020-00152