SMRT

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OTHERS SMRT HOLDINGS BERHAD DISPOSAL OF THE ENTIRE EQUITY INTEREST IN MANAGEMENT MADE EASY SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF SMRT HOLDINGS BERHAD

SMRT HOLDINGS BERHAD

Type Announcement
Subject OTHERS
Description
SMRT HOLDINGS BERHAD
DISPOSAL OF THE ENTIRE EQUITY INTEREST IN MANAGEMENT MADE EASY SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF SMRT HOLDINGS BERHAD

The Board of Directors of SMRT Holdings Berhad (“SMRT” or “Company”) wishes to announce that the Company had on 9 January 2020 disposed of the following 750,000 ordinary shares in Management Made Easy Sdn Bhd (“MME”), representing the entire equity interest in MME for a cash consideration of Ringgit Malaysia Two (RM2.00) Only (“Sale Consideration”) (“Disposal”) :

 

No.

Purchasers

No. of Shares

Consideration (RM)

1.

Russaliza Binti Yaakop

375,000

1.00

2.

Fazyanie Binti Fadzil

375,000

1.00

 

Total

750,000

2.00

 

MME ceased to be a wholly-owned subsidiary of SMRT.

 

Please refer to the attachment for details of the announcement.

 

This announcement is dated 9 January 2020.




Please refer attachment below.



Announcement Info

Company Name SMRT HOLDINGS BERHAD
Stock Name SMRT
Date Announced 09 Jan 2020
Category General Announcement for PLC
Reference Number GA1-09012020-00056