TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS SKYGATE SOLUTIONS BERHAD ("SKYGATE" OR THE "COMPANY") ACQUISITION OF 44% EQUITY IN SKYGATE INTEGRATION SDN BHD ("SKYGATE INTEGRATION") FOR A TOTAL CONSIDERATION OF APPROXIMATELY RM10.88 MILLION INCLUDING ASSUMPTION OF LIABILITIES TO BE SATISFIED ENTIRELY VIA THE ISSUANCE OF NEW SHARES ("ACQUISITION")
| SKYGATE SOLUTIONS BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | SKYGATE SOLUTIONS BERHAD ("SKYGATE" OR THE "COMPANY")
ACQUISITION OF 44% EQUITY IN SKYGATE INTEGRATION SDN BHD ("SKYGATE INTEGRATION") FOR A TOTAL CONSIDERATION OF APPROXIMATELY RM10.88 MILLION INCLUDING ASSUMPTION OF LIABILITIES TO BE SATISFIED ENTIRELY VIA THE ISSUANCE OF NEW SHARES ("ACQUISITION") |
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We refer to the announcements dated 11 July 2025, 16 July 2025, 28 July 2025 and 4 August 2025 in relation to the Proposed Acquisition. Unless otherwise defined, the definitions set out in the previous announcements shall apply herein.
On behalf of the Board, UOBKH wishes to announce that the outstanding conditions precedent set out in the SSA (i.e. the completion of the legal and financial due diligence) have been fulfilled on 22 August 2025, resulting in the SSA being unconditional on the even date.
This announcement is dated 22 August 2025. |
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Announcement Info
| Company Name | SKYGATE SOLUTIONS BERHAD |
| Stock Name | SKYGATE |
| Date Announced | 22 Aug 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-22082025-00037 |