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, IF APPLICABLE)
| 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, IF APPLICABLE) |
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Reference is made to the Company's announcement dated 26 December 2025 ("Previous Announcement") on 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 only (subject to adjustment, if applicable) ("the Acquisition"). Unless otherwise stated, the terms used herein shall have the same meanings stated in the Previous Announcement.
The Company wishes to announce that the Acquisition was completed on 31 December 2025 pursuant to the terms of the Agreement.
This announcement is dated 31 December 2025. |
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Announcement Info
| Company Name | NATIONGATE HOLDINGS BERHAD |
| Stock Name | NATGATE |
| Date Announced | 31 Dec 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-29122025-00023 |