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ACME

0.505

-0.025 (-4.7%)

MULTIPLE PROPOSALS ACME HOLDINGS BERHAD ("ACME" OR "COMPANY") (I) BONUS ISSUE OF WARRANTS; (II) PRIVATE PLACEMENT; (III) MEDAN ACQUISITION; AND (IV) FOCAL ACQUISITION (COLLECTIVELY REFERRED TO AS THE "CORPORATE EXERCISES")

ACME HOLDINGS BERHAD

Type Announcement
Subject MULTIPLE PROPOSALS
Description
ACME HOLDINGS BERHAD ("ACME" OR "COMPANY")

(I)	BONUS ISSUE OF WARRANTS;

(II)	PRIVATE PLACEMENT;

(III)	MEDAN ACQUISITION; AND

(IV)	FOCAL ACQUISITION

(COLLECTIVELY REFERRED TO AS THE "CORPORATE EXERCISES")

We refer to the announcements made on 7 August 2019, 24 September 2019, 14 October 2019, 22 October 2019, 7 November 2019, 28 November 2019, 29 November 2019, 17 December 2019, 24 December 2019 and 5 February 2020 in relation to the Corporate Exercises (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

 

On behalf of ACME, TA Securities wishes to announce that ACME had on 5 March 2020 entered into:

 

(i) a further supplemental agreement with the Medan Vendors to amend and vary certain terms and conditions of the Medan SPA and the supplemental share purchase agreement dated 24 September 2019 entered into between the Medan Vendors and ACME; and

 

(ii) a supplemental agreement via letter with the Focal Vendors to amend and vary certain terms and conditions of the Focal SPA.

 

Please refer to the attachment for further details.

 

This announcement is dated 5 March 2020.




Please refer attachment below.

Attachments

Announcement.pdf
146.9 kB



Announcement Info

Company Name ACME HOLDINGS BERHAD
Stock Name ACME
Date Announced 05 Mar 2020
Category General Announcement for PLC
Reference Number GA1-05032020-00034