ECOFIRS

0.390

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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS ECOFIRST CONSOLIDATED BHD ("ECOFIRST" OR "COMPANY") PROPOSED ACQUISITION BY ECOFIRST OF 51% EQUITY INTEREST IN BCM HOLDINGS SDN BHD FOR A PURCHASE CONSIDERATION OF RM81,600,000 ("PROPOSED BCM ACQUISITION")

ECOFIRST CONSOLIDATED BHD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
ECOFIRST CONSOLIDATED BHD ("ECOFIRST" OR "COMPANY") 
PROPOSED ACQUISITION BY ECOFIRST OF 51% EQUITY INTEREST IN BCM HOLDINGS SDN BHD FOR A PURCHASE CONSIDERATION OF RM81,600,000 ("PROPOSED BCM ACQUISITION")

This announcement is dated 16 July 2021 (“Announcement”).

 

Reference is made to the announcements dated 7 April 2021, 12 May 2021, 27 May 2021, 8 June 2021 and 1 July 2021 (“Earlier Announcements”) and the Circular to shareholders dated 9 June 2021 (“Circular”) in relation to the Proposed BCM Acquisition. Unless stated otherwise, defined terms in this Announcement shall carry the same meanings as defined in the Earlier Announcements and the Circular.

 

On behalf of the Board, AmInvestment Bank is pleased to announce that the share sale agreement for the Proposed BCM Acquisition has become unconditional on 16 July 2021 following the fulfilment of all the conditions precedent set out therein. 






Announcement Info

Company Name ECOFIRST CONSOLIDATED BHD
Stock Name ECOFIRS
Date Announced 16 Jul 2021
Category General Announcement for PLC
Reference Number GA1-14072021-00004