OTHERS MEMORANDUM OF UNDERSTANDING FOR THE PROPOSED ACQUISITION BY BINTAI OF 100% EQUITY INTEREST IN JOHNSON MEDICAL INTERNATIONAL SDN BHD ("JMI") ("PROPOSED ACQUISITION")
| BINTAI KINDEN CORPORATION BERHAD |
| Type | Announcement |
| Subject | OTHERS |
| Description | MEMORANDUM OF UNDERSTANDING FOR THE PROPOSED ACQUISITION BY BINTAI OF 100% EQUITY INTEREST IN JOHNSON MEDICAL INTERNATIONAL SDN BHD ("JMI") ("PROPOSED ACQUISITION") |
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On behalf of the Board of Directors of Bintai, M&A Securities Sdn Bhd wishes to announce that Bintai had on 12 April 2021 entered into a memorandum of understanding with JMI with the intention to acquire the entire equity interest in JMI from Yeo Eng Lam for a purchase consideration of RM50.0 million ("MOU").
Please refer to the attachment for further details of the MOU.
This announcement is dated 12 April 2021. |
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Please refer attachment below.
Announcement Info
| Company Name | BINTAI KINDEN CORPORATION BERHAD |
| Stock Name | BINTAI |
| Date Announced | 12 Apr 2021 |
| Category | General Announcement for PLC |
| Reference Number | GA1-12042021-00093 |