TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS JOHAN HOLDINGS BERHAD ("JOHAN" OR THE "COMPANY") DISPOSAL BY JOHAN INVESTMENT PRIVATE LIMITED, A WHOLLY-OWNED SUBSIDIARY OF JOHAN, OF THE ENTIRE EQUITY INTEREST IN DINERS CLUB (SINGAPORE) PRIVATE LIMITED TO EZY NET PTE LTD FOR A DISPOSAL CONSIDERATION OF SGD103,586,103 (EQUIVALENT TO APPROXIMATELY RM313.98 MILLION) ("DISPOSAL")
| JOHAN HOLDINGS BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | JOHAN HOLDINGS BERHAD ("JOHAN" OR THE "COMPANY")
DISPOSAL BY JOHAN INVESTMENT PRIVATE LIMITED, A WHOLLY-OWNED SUBSIDIARY OF JOHAN, OF THE ENTIRE EQUITY INTEREST IN DINERS CLUB (SINGAPORE) PRIVATE LIMITED TO EZY NET PTE LTD FOR A DISPOSAL CONSIDERATION OF SGD103,586,103 (EQUIVALENT TO APPROXIMATELY RM313.98 MILLION)
("DISPOSAL") |
|
The Board of Directors of Johan wish to refer to the Announcement dated 9 July 2021 wherein we announced the completion of the disposal of the entire equity interest in Diners Club (Singapore) Private Limited by Johan Investment Private Limited, a wholly-owned subsidiary of Johan, to Ezy Net Pte Ltd (“Disposal”), which was effected on 9 July 2021.
We are pleased to announce that the Company has received confirmation from Bursa Malaysia Securities Berhad that upon completion of the Disposal and based on Johan’s audited financial statements for FYE 31 January 2020 or latest unaudited financial statements for 12 months ended 31 January 2021, Johan does not trigger the criteria under Paragraph 8.03A of the Main Market Listing Requirements and hence, Johan is not an “ affected listed issuer”.
This announcement is dated 13 July 2021. |
|
Announcement Info
| Company Name | JOHAN HOLDINGS BERHAD |
| Stock Name | JOHAN |
| Date Announced | 13 Jul 2021 |
| Category | General Announcement for PLC |
| Reference Number | GA1-13072021-00018 |