CITAGLB

1.170

-0.02 (-1.7%)

Circular/Notice to Shareholders

WZ SATU BERHAD

Subject CIRCULAR TO SHAREHOLDERS IN RELATION TO PROPOSED RATIFICATION IN RELATION TO THE TERMS OF THE LETTER AGREEMENT FOR THE SETTLEMENT OF THE GUARANTEED AMOUNT OF RM12.0 MILLION PURSUANT TO THE SHARE SALE AGREEMENT EXECUTED ON 18 JULY 2014 FOR THE ACQUISITION OF 5,000,000 ORDINARY SHARES IN MISI SETIA OIL & GAS SDN BHD (NOW KNOWN AS WZS MISI SETIA SDN BHD) ('MISI SETIA'), REPRESENTING 100% EQUITY INTEREST IN MISI SETIA FOR A PURCHASE CONSIDERATION OF RM27.0 MILLION ('PROPOSED RATIFICATION')


Please refer attachment below.



Announcement Info

Company Name WZ SATU BERHAD
Stock Name WZSATU
Date Announced 13 Jul 2020
Category Document Submission
Reference Number DCS-13072020-00008