SGBHD

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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS SUPERGENICS BERHAD ("SUPERGENICS" OR "COMPANY") SUBSCRIPTION OF 242,500 NEW ORDINARY SHARES IN HOPE STEMCELL SDN BHD BY SUPERGENICS LIFE SCIENCE SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY, REPRESENTING 19.40% EQUITY INTEREST IN HOPE STEMCELL SDN BHD FOR A TOTAL CASH CONSIDERATION OF RM242,500 ("SUBSCRIPTION")

SUPERGENICS BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
SUPERGENICS BERHAD ("SUPERGENICS" OR "COMPANY")

SUBSCRIPTION OF 242,500 NEW ORDINARY SHARES IN HOPE STEMCELL SDN BHD BY SUPERGENICS LIFE SCIENCE SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY, REPRESENTING 19.40% EQUITY INTEREST IN HOPE STEMCELL SDN BHD FOR A TOTAL CASH CONSIDERATION OF RM242,500 ("SUBSCRIPTION")

Reference is made to the Company’s announcement dated 30 August 2021 and the circular to shareholders date 27 December 2021 in relation to the Proposed Subscription (“Announcements”). Unless otherwise defined, the definitions used in this announcement shall have the same meaning as those defined in the Announcements.

 

On behalf of the Board, Thinkat wishes to announce that Hope had on 18 April 2022 allotted and issued the 242,500 Subscription Shares to SLSSB, thus marking the completion of the Subscription.

 

This announcement is dated 18 April 2022.






Announcement Info

Company Name SUPERGENICS BERHAD
Stock Name SGBHD
Date Announced 18 Apr 2022
Category General Announcement for PLC
Reference Number GA1-18042022-00068