TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS NATIONGATE HOLDINGS BERHAD ("NATGATE" OR "THE COMPANY") ACQUISITION OF 168,200,000 ORDINARY SHARES REPRESENTING THE ENTIRE ISSUED AND PAID-UP CAPITAL OF VALEO MALAYSIA CDA SDN BHD BY NATIONGATE SYSTEM SDN BHD, AN INDIRECT WHOLLY-OWNED SUBSIDIARY OF NATGATE, FOR A PURCHASE PRICE OF RM60,888,000.00 ONLY, SUBJECT TO ADJUSTMENT
| NATIONGATE HOLDINGS BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | NATIONGATE HOLDINGS BERHAD ("NATGATE" OR "THE COMPANY")
ACQUISITION OF 168,200,000 ORDINARY SHARES REPRESENTING THE ENTIRE ISSUED AND PAID-UP CAPITAL OF VALEO MALAYSIA CDA SDN BHD BY NATIONGATE SYSTEM SDN BHD, AN INDIRECT WHOLLY-OWNED SUBSIDIARY OF NATGATE, FOR A PURCHASE PRICE OF RM60,888,000.00 ONLY, SUBJECT TO ADJUSTMENT |
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The Board of Directors of NATIONGATE HOLDINGS BERHAD wishes to announce that its indirect wholly-owned subsidiary, NationGate System Sdn Bhd had on 24 December 2025 entered into a Sale and Purchase Agreement of Shares in Valeo Malaysia CDA Sdn. Bhd. (the “Agreement”) with Valeo Management, to acquire 168,200,000 ordinary shares, being the entire issued and paid-up capital of Valeo Malaysia CDA Sdn Bhd for a cash consideration of RM60,888,000.00 (the “Acquisition”) (subject to adjustment, if applicable) upon the terms and conditions as stipulated in the Agreement.
Please refer to the attachment for further details of the Acquisition.
This announcement is dated 26 December 2025. |
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Please refer attachment below.
Announcement Info
| Company Name | NATIONGATE HOLDINGS BERHAD |
| Stock Name | NATGATE |
| Date Announced | 26 Dec 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-23122025-00022 |