KOMARK

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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS KOMARKCORP BERHAD ("KOMARK" OR "THE COMPANY") - PROPOSED ACQUISITION OF LABELING MACHINE FROM TOPRINT PACKAGING SDN BHD BY GENERAL LABELS & LABELLING PTE. LTD., AN INDIRECT WHOLLY-OWNED SUBSIDIARY OF KOMARK

KOMARKCORP BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description
KOMARKCORP BERHAD ("KOMARK" OR "THE COMPANY")
- PROPOSED ACQUISITION OF LABELING MACHINE FROM TOPRINT PACKAGING SDN BHD BY GENERAL LABELS & LABELLING PTE. LTD., AN INDIRECT WHOLLY-OWNED SUBSIDIARY OF KOMARK

Pursuant to Paragraph 10.08(1) of the Main Market Listing Requirements of Bursa Securities Malaysia Berhad, the Board of Directors of Komarkcorp Berhad (“Komark” or “the Company”) wishes to announce that General Labels & Labelling Pte. Ltd., an indirect wholly-owned subsidiary of Komark, had on 13 April 2021 entered into a related party transactions (“RPTs”) with Toprint Packaging Sdn Bhd (“Toprint”), the company related to Mr Koh Chie Jooi, an Executive Director cum Group Chief Executive Officer of the Company, details of which are disclosed below, for a total consideration of SGD 219,643.00 (equivalent to RM676,939.73).

 

Kindly refer to the attachment for further details.

 

This announcement is dated 16 April 2021.




Please refer attachment below.

Attachments

Komark - RPT with Toprint.pdf
130.5 kB



Announcement Info

Company Name KOMARKCORP BERHAD
Stock Name KOMARK
Date Announced 16 Apr 2021
Category General Announcement for PLC
Reference Number GA1-14042021-00032