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MULTIPLE PROPOSALS VERTICE BERHAD ("VERTICE" OR THE "COMPANY") (I) PROPOSED DISPOSAL; AND (II) PROPOSED PROVISION OF FINANCIAL ASSISTANCE (COLLECTIVELY, REFERRED TO AS THE "PROPOSALS")

VERTICE BERHAD

Type Announcement
Subject MULTIPLE PROPOSALS
Description
VERTICE BERHAD ("VERTICE" OR THE "COMPANY")

(I)	PROPOSED DISPOSAL; AND
(II)	PROPOSED PROVISION OF FINANCIAL ASSISTANCE

(COLLECTIVELY, REFERRED TO AS THE "PROPOSALS")

(For consistency purposes, the abbreviations and definitions used throughout this announcement shall have the same meanings as those previously defined in the announcement dated 13 December 2018 in relation to the Proposals.)

 

We refer to the earlier announcements in relation to the Proposals dated 13 December 2018, 31 January 2019, 18 February 2019, 15 March 2019, 13 May 2019, 15 July 2019, 29 August 2019, 24 February 2020, 10 April 2020, 30 June 2020, 12 August 2020 and 11 September 2020.

 

The Board wishes to announce that the parties to the SPA in relation to the Proposed Disposal have on 12 October 2020 agreed for an extension of time of 2 months from 12 October 2020 to complete the Proposed Disposal.

 

This announcement is dated 12 October 2020.






Announcement Info

Company Name VERTICE BERHAD
Stock Name VERTICE
Date Announced 12 Oct 2020
Category General Announcement for PLC
Reference Number GA1-09102020-00083