TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS REVENUE GROUP BERHAD ("REVENUE" OR "COMPANY") - ACQUISITION OF 40% EQUITY INTEREST IN WANNATALK MALAYSIA SDN. BHD. ("WMSB") FOR A PURCHASE CONSIDERATION OF RM5,000,000.00 BY REVENUE HARVEST SDN. BHD. ("RHSB"), A WHOLLY-OWNED SUBSIDIARY OF REVENUE
| REVENUE GROUP BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | REVENUE GROUP BERHAD ("REVENUE" OR "COMPANY")
- ACQUISITION OF 40% EQUITY INTEREST IN WANNATALK MALAYSIA SDN. BHD. ("WMSB") FOR A PURCHASE CONSIDERATION OF RM5,000,000.00 BY REVENUE HARVEST SDN. BHD. ("RHSB"), A WHOLLY-OWNED SUBSIDIARY OF REVENUE |
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Unless otherwise defined in this announcement, all terms used herein shall have the same meaning as those defined in the announcement dated 10 August 2020 and 12 August 2020 in relation to the above Acquisition.
The Board of Directors of REVENUE wishes to announce that the conditions precedent as set out in the Share Sale Agreement has been fulfilled as of 22 September 2020. Accordingly, the Share Sale Agreement has become unconditional.
This announcement is dated 23 September 2020. |
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Announcement Info
| Company Name | REVENUE GROUP BERHAD |
| Stock Name | REVENUE |
| Date Announced | 23 Sep 2020 |
| Category | General Announcement for PLC |
| Reference Number | GA1-23092020-00064 |