ADVCON

0.285

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MULTIPLE PROPOSALS ADVANCECON HOLDINGS BERHAD ("ADVANCECON" OR THE "COMPANY") I. PROPOSED ACQUISITION; AND II. PROPOSED DIVERSIFICATION (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

ADVANCECON HOLDINGS BERHAD

Type Announcement
Subject MULTIPLE PROPOSALS
Description
ADVANCECON HOLDINGS BERHAD ("ADVANCECON" OR THE "COMPANY")

I.	PROPOSED ACQUISITION; AND 
II.	PROPOSED DIVERSIFICATION 

(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

Unless stated otherwise, the terms used herein shall carry the same meaning as those defined in the earlier announcements in relation to the Proposals.

Reference is made to the earlier announcements dated 17 June 2021, 19 July 2021 and 28 September 2021 in relation to the Proposals and the SSA entered into between Advancecon and Fook Hua Holdings Sdn Bhd ("Parties") on 17 June 2021 in relation to the Proposed Acquisition.

The Board of Directors of Advancecon wishes to announce that the Parties had on 14 October 2021, mutually agreed to extend the Cut-Off Date to fulfil the Conditions Precedent to 16 November 2021.

Save for the above, all other terms in the SSA shall remain unchanged.

 

This announcement is dated 14 October 2021.






Announcement Info

Company Name ADVANCECON HOLDINGS BERHAD
Stock Name ADVCON
Date Announced 14 Oct 2021
Category General Announcement for PLC
Reference Number GA1-14102021-00080