TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS WIDAD GROUP BERHAD ("WIDAD" OR THE "COMPANY") EXTENSION OF HEADS OF AGREEMENT ("HOA") OF WIDAD CAPITAL SDN BHD ("WCSB"), A WHOLLY-OWNED SUB-SUBSIDIARY OF WIDAD, WITH PALM SHORE HOLDINGS SDN BHD ("PSHSB"), NAWAWI BIN TAMBY ("NBT") AND MOHD GHAUTH BIN MOHD YUSOFF ("MGY") IN RESPECT OF THE PROPOSED ACQUISITION OF 100% EQUITY INTEREST IN PSHSB
| WIDAD GROUP BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | WIDAD GROUP BERHAD ("WIDAD" OR THE "COMPANY")
EXTENSION OF HEADS OF AGREEMENT ("HOA") OF WIDAD CAPITAL SDN BHD ("WCSB"), A WHOLLY-OWNED SUB-SUBSIDIARY OF WIDAD, WITH PALM SHORE HOLDINGS SDN BHD ("PSHSB"), NAWAWI BIN TAMBY ("NBT") AND MOHD GHAUTH BIN MOHD YUSOFF ("MGY") IN RESPECT OF THE PROPOSED ACQUISITION OF 100% EQUITY INTEREST IN PSHSB |
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Unless otherwise stated, all abbreviations used herein shall have the same meanings as those stated in the earlier announcement dated 14 April 2021, 11 June 2021 and 16 August 2021 in relation to the HOA.
On behalf of the Board, M&A Securities wishes to announce that WCSB and the Vendors, via letters dated 13 September 2021 have mutually agreed to extend the HOA by a further 1 month from 15 September 2021 to 14 October 2021 (“Expiry Date”).
Save as disclosed above, there are no other variations to the terms and conditions of the HOA.
This announcement is dated 15 September 2021. |
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Announcement Info
| Company Name | WIDAD GROUP BERHAD |
| Stock Name | WIDAD |
| Date Announced | 15 Sep 2021 |
| Category | General Announcement for PLC |
| Reference Number | GA1-15092021-00019 |