OTHERS CENSOF HOLDINGS BERHAD ( "CENSOF" or "THE COMPANY" ) - DISPOSAL OF 71 MILLION ORDINARY SHARES IN DAGANG NEXCHANGE BERHAD (DNeX), AN ASSOCIATED COMPANY OF CENSOF FOR A CASH CONSIDERATION OF RM12.78 MILLION (SHARES DISPOSAL)
| CENSOF HOLDINGS BERHAD |
| Type | Announcement |
| Subject | OTHERS |
| Description | CENSOF HOLDINGS BERHAD ( "CENSOF" or "THE COMPANY" ) - DISPOSAL OF 71 MILLION ORDINARY SHARES IN DAGANG NEXCHANGE BERHAD (DNeX), AN ASSOCIATED COMPANY OF CENSOF FOR A CASH CONSIDERATION OF RM12.78 MILLION (SHARES DISPOSAL) |
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Further to the announcement dated 14 July 2020, the Company wishes to announce that the following:-
3.4 Utilisation of proceeds
The gross proceeds of RM12.78 million are utilised by partial repayment of share margin loan principal (RM3 million) under MIDF Amanah Investment Bank Berhad and term loan (RM9.78 million) under Kenanga Investment Bank Berhad within 3 weeks from date of disposal.
This announcement dated 15 July 2020. |
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Announcement Info
| Company Name | CENSOF HOLDINGS BERHAD |
| Stock Name | CENSOF |
| Date Announced | 15 Jul 2020 |
| Category | General Announcement for PLC |
| Reference Number | GA1-15072020-00058 |