RGTECH

0.365

-0.005 (-1.4%)

(I) ACQUISITION OF 70% EQUITY INTEREST IN WORLD POS SDN BHD ("ACQUISITION OF WORLD POS"); AND(II) ACQUISITION OF 70% EQUITY INTEREST IN WORLD PORTAL SDN BHD ("ACQUISITION OF WORLD PORTAL"),(COLLECTIVELY REFERRED TO AS THE "ACQUISITIONS")

RADIANT GLOBALTECH BERHAD

Type Reply to Query
Reply to Bursa Malaysia's Query Letter - Reference ID IQL-24092021-00002
Subject (I) ACQUISITION OF 70% EQUITY INTEREST IN WORLD POS SDN BHD ("ACQUISITION OF WORLD POS"); AND(II) ACQUISITION OF 70% EQUITY INTEREST IN WORLD PORTAL SDN BHD ("ACQUISITION OF WORLD PORTAL"),(COLLECTIVELY REFERRED TO AS THE "ACQUISITIONS")
Description
RADIANT GLOBALTECH BERHAD - PRESS RELEASE
Query Letter Contents

We refer to your Company’s press release dated 23 September 2021, in respect of the aforesaid matter.
In this connection, kindly furnish Bursa Securities with the following additional information for public release:-

1) The particulars of the Acquisition of World Pos and the Acquisition of World Portal respectively, including the details of the consideration and the profit guarantee.
2) The highest percentage ratio applicable to each of the Acquisitions pursuant to Rule 10.02(g) of the ACE Market Listing Requirements (“ACE LR”). To also disclose the details as required under Appendix 10A of the ACE LR, if relevant.
3) A statement on whether the directors, major shareholders or persons connected with a director or major shareholder, have any interest, direct or indirect, in the Acquisitions, and the nature and extent of their interests. To also disclose the details as required under Appendix 10C of the ACE LR, if relevant.
Please furnish Bursa Securities with your reply within one (1) market day from the date hereof.

 

Yours faithfully,
Listing, 
Regulation

Cc : Market Surveillance Dept. , Securities Commission (via fax)

Further to the press release made on 23 September 2021 by Radiant Globaltech Berhad (“the Company”) and as enquired by Bursa Malaysia Securities Berhad, the Board of Directors of the Company hereby furnish the additional information in relation to the Acquisition of World Pos Sdn. Bhd. and World Portal Sdn. Bhd. respectively, as attached.

This announcement is dated 27 September 2021.


Please refer attachment below.



Announcement Info

Company Name RADIANT GLOBALTECH BERHAD
Stock Name RGTECH
Date Announced 27 Sep 2021
Category General Announcement for PLC
Reference Number GA1-27092021-00001