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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS SINO HUA-AN INTERNATIONAL BERHAD ("Hua-An") - SHARE PURCHASE AGREEMENT WITH ABDULLAH ABBAS BIN WAN MOHD HASNI AND MOHD AFDHA BIN MD YUSOF FOR THE ACQUISITION OF THE ENTIRE EQUITY INTEREST IN MD LABS SDN BHD

SINO HUA-AN INTERNATIONAL BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
SINO HUA-AN INTERNATIONAL BERHAD ("Hua-An")  
- SHARE PURCHASE AGREEMENT WITH ABDULLAH ABBAS BIN WAN MOHD HASNI AND MOHD AFDHA BIN MD YUSOF FOR THE ACQUISITION OF THE ENTIRE EQUITY INTEREST IN MD LABS SDN BHD

The Board of Directors of Hua-An wishes to announce that Hua-An had on 23 April 2020 entered into a Share Purchase Agreement with Abdullah Abbas bin Wan Mohd Hasni and Mohd Afdha bin Md Yusof for the proposed acquisition of 1,000,000 ordinary shares in MD Labs Sdn Bhd (“MD Labs”), representing the entire equity interest in MD Labs, for a total purchase consideration of RM12.5 million.

 

Please refer to the attachment for details of the announcement.

 

This announcement is dated 23 April 2020.  




Please refer attachment below.



Announcement Info

Company Name SINO HUA-AN INTERNATIONAL BERHAD
Stock Name HUAAN
Date Announced 23 Apr 2020
Category General Announcement for PLC
Reference Number GA1-23042020-00023