TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS SIGNATURE INTERNATIONAL BERHAD ("SIGN" OR THE "COMPANY") - PROPOSED ACQUISITION OF 51% EQUITY INTEREST IN SPACE ALLIANCE CONTRACTS SDN. BHD. BY THE COMPANY FOR A CASH CONSIDERATION OF RM15.3 MILLION - UPDATE
SIGNATURE INTERNATIONAL BERHAD |
Type | Announcement |
Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
Description | SIGNATURE INTERNATIONAL BERHAD ("SIGN" OR THE "COMPANY") - PROPOSED ACQUISITION OF 51% EQUITY INTEREST IN SPACE ALLIANCE CONTRACTS SDN. BHD. BY THE COMPANY FOR A CASH CONSIDERATION OF RM15.3 MILLION - UPDATE |
Unless otherwise defined, all terms used herein shall have the same meanings as those defined in the announcement of 16 December 2021. Further to the Company’s announcements made on 16 December 2021 and 17 March 2022, the Board of Directors of the Company wishes to announce that the Company had on 25 March 2022 entered into a supplemental share sale agreement with the Vendors (“Supplemental SSA”) to vary and modify the terms in the Share Sale Agreement dated 16 December 2021, whereupon: -
In this respect, the Company had on 25 March 2022 completed the Proposed Acquisition. This announcement is dated 25 March 2022. |
Announcement Info
Company Name | SIGNATURE INTERNATIONAL BERHAD |
Stock Name | SIGN |
Date Announced | 25 Mar 2022 |
Category | General Announcement for PLC |
Reference Number | GA1-23032022-00039 |