TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS PASDEC HOLDINGS BERHAD ("PASDEC" OR "Company") DISPOSAL OF A WHOLLY-OWNED SUBSIDIARY, SUMBANGAN SAKTI SDN. BHD.
| PASDEC HOLDINGS BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | PASDEC HOLDINGS BERHAD ("PASDEC" OR "Company")
DISPOSAL OF A WHOLLY-OWNED SUBSIDIARY, SUMBANGAN SAKTI SDN. BHD. |
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The terms used herein shall, unless the context otherwise stated, bear the same meaning as those defined in the announcement in relation to the Disposal, where applicable.
We make reference to the Company's announcement made on 5 April 2019 on the above matter.
The Company wishes to announce that the Agreement for the Sale Shares was not completed by the Purchaser and therefore the Disposal has been cancelled by the Vendor in accordance with the terms of the Agreement. Sumbangan Sakti remains a wholly-owned subsidiary of PASDEC.
This announcement is dated 20 January 2021.
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Announcement Info
| Company Name | PASDEC HOLDINGS BERHAD |
| Stock Name | PASDEC |
| Date Announced | 19 Jan 2021 |
| Category | General Announcement for PLC |
| Reference Number | GA1-19012021-00034 |