MNC

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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS M N C WIRELESS BERHAD ("MNC" OR "THE COMPANY") -DEALING IN QUOTED SECURITIES OF METRONIC GLOBAL BERHAD ("MGB")

M N C WIRELESS BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
M N C WIRELESS BERHAD ("MNC" OR "THE COMPANY")
-DEALING IN QUOTED SECURITIES OF METRONIC GLOBAL BERHAD ("MGB")

The Board of Directors (“Board”) of MNC wishes to announce that the Company had performed the following transactions within the past twelve (12) months:-

 

(a) during the period from 13 August 2020 to 25 February 2021, acquired in aggregate 6.15% or 99,010,000 ordinary shares of MGB for an aggregate sum of RM8,635,264.00 in cash from open market (“the Acquisition”); and

 

(b) during the period from 21 September 2020 to 1 March 2021, disposed in aggregate 8.45% or 136,102,475 ordinary shares of MGB for an aggregate sum of RM15,031,339.00 in cash via open market (“the Disposal”).

 

(The Disposal and the Acquisition are collectively referred to as “Transactions”).

 

Please refer to the attachment for further details.

 

This announcement is dated 3 March 2021.




Please refer attachment below.



Announcement Info

Company Name M N C WIRELESS BERHAD
Stock Name MNC
Date Announced 03 Mar 2021
Category General Announcement for PLC
Reference Number GA1-02032021-00056