TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS TECHNA-X BERHAD (FORMERLY KNOWN AS SINO HUA-AN INTERNATIONAL BERHAD) ("TXB" OR THE "COMPANY") PROPOSED DISPOSAL OF THE ENTIRE EQUITY INTEREST IN PIPO OVERSEAS LIMITED, A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY ("PROPOSED DISPOSAL")
| TECHNA-X BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | TECHNA-X BERHAD (FORMERLY KNOWN AS SINO HUA-AN INTERNATIONAL BERHAD) ("TXB" OR THE "COMPANY")
PROPOSED DISPOSAL OF THE ENTIRE EQUITY INTEREST IN PIPO OVERSEAS LIMITED, A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY ("PROPOSED DISPOSAL") |
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Unless otherwise defined, the definitions set out in the announcement dated 11 November 2020 in relation to the Proposed Disposal shall apply herein.
Reference is made to the earlier announcement dated 11 November 2020 in relation to the Proposed Disposal.
On behalf of the Board, M&A Securities wishes to announce that the Board is undertaking a review of the Group’s business strategy in view of the current economic conditions.
As such, the Company has suspended the implementation of the Proposed Disposal pending the outcome of such review. This announcement is dated 8 February 2021. |
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Announcement Info
| Company Name | TECHNA-X BERHAD |
| Stock Name | TECHNAX |
| Date Announced | 08 Feb 2021 |
| Category | General Announcement for PLC |
| Reference Number | GA1-08022021-00057 |