GPACKET

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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS GREEN PACKET BERHAD ("GPB" OR THE "COMPANY") PROPOSED ACQUISITION OF THE ENTIRE EQUITY INTEREST IN XENDITY PTE LTD FOR AN AGGREGATE PURCHASE CONSIDERATION OF UP TO UNITED STATES DOLLAR ("USD") 10.0 MILLION, OF WHICH USD1.5 MILLION WILL BE SATISFIED IN CASH AND THE REMAINING AMOUNT OF UP TO USD8.5 MILLION WILL BE SATISFIED VIA THE ALLOTMENT AND ISSUANCE OF NEW ORDINARY SHARES IN GPB

GREEN PACKET BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
GREEN PACKET BERHAD ("GPB" OR THE "COMPANY")

PROPOSED ACQUISITION OF THE ENTIRE EQUITY INTEREST IN XENDITY PTE LTD FOR AN AGGREGATE PURCHASE CONSIDERATION OF UP TO UNITED STATES DOLLAR ("USD") 10.0 MILLION, OF WHICH USD1.5 MILLION WILL BE SATISFIED IN CASH AND THE REMAINING AMOUNT OF UP TO USD8.5 MILLION WILL BE SATISFIED VIA THE ALLOTMENT AND ISSUANCE OF NEW ORDINARY SHARES IN GPB

We refer to the announcement dated 2 December 2020 in relation to the Proposed Acquisition. Unless otherwise stated, the terms used herein shall have the same meaning as defined in the said announcement.

 

On behalf of the Board, RHB Investment Bank wishes to announce that GPB had on 4 December 2020 submitted an application to Bursa Securities in respect of the listing and quotation of up to 147,581,250 Consideration Shares to be issued pursuant to the Proposed Acquisition on the Main Market of Bursa Securities.

 

 

This Announcement is dated 4 December 2020.






Announcement Info

Company Name GREEN PACKET BERHAD
Stock Name GPACKET
Date Announced 04 Dec 2020
Category General Announcement for PLC
Reference Number GA1-04122020-00061