DNEX

0.395

-0.005 (-1.2%)

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS DAGANG NeXCHANGE BERHAD ("DNEX") - INVESTMENT AGREEMENT

DAGANG NEXCHANGE BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
DAGANG NeXCHANGE BERHAD ("DNEX") 
-	INVESTMENT AGREEMENT

Save as otherwise expressly defined herein or the context otherwise requires, the terms and expressions used in this announcement shall bear the same meanings as the terms and expressions defined in our announcement dated 29 May 2020 in relation to the Agreement.

 

We refer to our earlier announcement on 29 May 2020 in relation to the Agreement.

 

DNeX is pleased to announce that the Investment has been completed as at 27 August 2020 pursuant to the notice issued by Ministry of Law and Human Rights (MLHR), Republic of Indonesia on even date, confirming that the record has been accepted and updated in MLHR administration system. Dagang Net, a wholly-owned subsidiary company of DNeX, has effectively become the owner of 10.000.000.000 Class A Shares representing 49% of the total issued and paid up capital of PT DSH.

 

This announcement is dated 27 August 2020.






Announcement Info

Company Name DAGANG NEXCHANGE BERHAD
Stock Name DNEX
Date Announced 27 Aug 2020
Category General Announcement for PLC
Reference Number GA1-25082020-00095