AEM

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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS AE MULTI HOLDINGS BERHAD ("AEM" OR "THE COMPANY") - ACQUISITION OF SHARES IN VSOLAR GROUP BERHAD

AE MULTI HOLDINGS BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
AE MULTI HOLDINGS BERHAD ("AEM" OR "THE COMPANY")
- ACQUISITION OF SHARES IN VSOLAR GROUP BERHAD
The Board of Directors of AEM wishes to announce that AE Multi Industries Sdn. Bhd. (“AEMI”), a wholly-owned subsidiary of AEM, had on 25 and 26 November 2021 acquired a total of 330,500,000 ordinary shares in Vsolar Group Berhad (“Vsolar”), representing 7.237% of the total number of issued shares of Vsolar in the open market for a total cash consideration of RM4,975,152.10 only (“Acquisition”).

As a result of the Acquisition, AEMI and AEM are deemed to be substantial shareholders of Vsolar on 26 November 2021.

Please refer to the attachment for the details of this announcement.

This announcement is dated 29 November 2021.



Please refer attachment below.

Attachments

AEM - Announcement.pdf
277.5 kB



Announcement Info

Company Name AE MULTI HOLDINGS BERHAD
Stock Name AEM
Date Announced 29 Nov 2021
Category General Announcement for PLC
Reference Number GA1-26112021-00075