TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS NETX HOLDINGS BERHAD - DISPOSAL OF SHARES IN MLABS SYSTEMS BERHAD
NETX HOLDINGS BERHAD |
Type | Announcement |
Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
Description | NETX HOLDINGS BERHAD - DISPOSAL OF SHARES IN MLABS SYSTEMS BERHAD |
The Board of Directors of NETX Holdings Berhad (“NETX” or “the Company”) wishes to announce that First United Technology Ltd (“FUTL”), a subsidiary of the Company, had from the period between 16 December 2020 to 31 December 2020 disposed to the open market an aggregate of 59,828,250 ordinary shares in MLabs Systems Berhad (“MLabs”), representing approximately 6.60% of the total issued and paid up share capital of MLabs for a total consideration of approximately RM5,016,318 (“Consideration”) (“Disposal of Shares”).
Further details of the Disposal of Shares are set out in the attachment herein.
This announcement is dated 4 January 2021. |
Please refer attachment below.
Announcement Info
Company Name | NETX HOLDINGS BERHAD |
Stock Name | NETX |
Date Announced | 04 Jan 2021 |
Category | General Announcement for PLC |
Reference Number | GA1-04012021-00081 |