TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS PAN MALAYSIA CORPORATION BERHAD ("PMC" OR "COMPANY") PROPOSED ACQUISITION OF 31,620,000 ORDINARY SHARES REPRESENTING 51% OF THE TOTAL ISSUED SHARE CAPITAL OF A & W (MALAYSIA) SDN BHD FROM INTER MARK RESOURCES SDN BHD FOR A PURCHASE CONSIDERATION OF RM21,037,500
| PAN MALAYSIA CORPORATION BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | PAN MALAYSIA CORPORATION BERHAD ("PMC" OR "COMPANY")
PROPOSED ACQUISITION OF 31,620,000 ORDINARY SHARES REPRESENTING 51% OF THE TOTAL ISSUED SHARE CAPITAL OF A & W (MALAYSIA) SDN BHD FROM INTER MARK RESOURCES SDN BHD FOR A PURCHASE CONSIDERATION OF RM21,037,500 |
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Reference is made to the Company’s announcements dated 23 September 2021 and 27 September 2021 ("the A&W Announcements") in relation to the Proposed A&W Acquisition. Unless otherwise stated, the definitions used in this announcement shall carry the same meanings as defined in the A&W Announcements.
The Board of PMC wishes to announce that all the conditions precedent of the SPA have been fulfilled. Accordingly, the SPA for the Proposed A&W Acquisition has now become unconditional.
This announcement is dated 1 March 2022. |
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Announcement Info
| Company Name | PAN MALAYSIA CORPORATION BERHAD |
| Stock Name | PMCORP |
| Date Announced | 01 Mar 2022 |
| Category | General Announcement for PLC |
| Reference Number | GA1-01032022-00088 |