OTHERS Acquisition of 60% equity interest in Quantum Total Packages Sdn Bhd by its subsidiary, Federal Packages Sdn Bhd
MUDA HOLDINGS BERHAD |
Type | Announcement |
Subject | OTHERS |
Description | Acquisition of 60% equity interest in Quantum Total Packages Sdn Bhd by its subsidiary, Federal Packages Sdn Bhd |
The Board of Directors of Muda Holdings Berhad (“Muda” or “the Company”) wishes to announce that Muda has through its wholly-owned subsidiary, Federal Packages Sdn Bhd (Company No. 197301000491/14025-A) had on 12th August 2020 entered into a Share Sale and Purchase Agreement to acquire 60% equity interest in Quantum Total Packages Sdn Bhd (Company No. 199701033848/449347-U) comprising 900,000 ordinary shares from Mr Lee Joo Keat (NRIC No. 690423-07-5161) and Madam Yu Shan Nee (NRIC No. 760929-07-5194) (“the Vendors”) for a cash consideration of RM15,000,000.00.
Please refer to the attachment for further details.
This annoucement is dated 12th August 2020. |
Please refer attachment below.
Announcement Info
Company Name | MUDA HOLDINGS BERHAD |
Stock Name | MUDA |
Date Announced | 12 Aug 2020 |
Category | General Announcement for PLC |
Reference Number | GA1-08072020-00082 |