SIGN

1.260

-0.01 (-0.8%)

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS SIGNATURE INTERNATIONAL BERHAD ("SIGNATURE" OR "COMPANY") PROPOSED ACQUISITION

SIGNATURE INTERNATIONAL BERHAD

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

PROPOSED ACQUISITION

On behalf of the Board of Directors of Signature, M & A Securities Sdn Bhd wishes to announce that Signature had on 18 May 2022 entered into a conditional share sale agreement with Lim Choo Hong  to acquire 120,000,000 ordinary shares in Fiamma Holdings Berhad (“Fiamma”) at the purchase price of RM1.50 each, representing 23.7% equity interest in Fiamma, for a total cash consideration of RM180.00 million (“Proposed Acquisition”).

 

Kindly refer to the attachment for further details on the Proposed Acquisition.

 

 

 

This announcement is dated 18 May 2022.




Please refer attachment below.



Announcement Info

Company Name SIGNATURE INTERNATIONAL BERHAD
Stock Name SIGN
Date Announced 18 May 2022
Category General Announcement for PLC
Reference Number GA1-18052022-00083