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 announcements dated 14 April 2021, 11 June 2021, 16 August 2021, 15 September 2021,14 October 2021,16 November 2021 and 14 December 2021 in relation to the HOA.
On behalf of the Board, M&A Securities wishes to announce that WCSB and the Vendors have mutually agreed (in writing) to further extend the HOA by a 3 months from 15 January 2022 to 14 April 2022 (“Expiry Date”).
Save as disclosed above, there are no other variations to the terms and conditions of the HOA.
This announcement is dated 14 January 2022. |
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Announcement Info
| Company Name | WIDAD GROUP BERHAD |
| Stock Name | WIDAD |
| Date Announced | 14 Jan 2022 |
| Category | General Announcement for PLC |
| Reference Number | GA1-14012022-00030 |