GREENYB

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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS GREENYIELD BERHAD ("GREENYIELD" OR THE "COMPANY") (I) PROPOSED ACQUISITION BY GREENYIELD OF 65.0% EQUITY INTEREST IN GREENYIELD RUBBER HOLDINGS (M) LTD FOR A PURCHASE CONSIDERATION OF UP TO RM87,809,653, SUBJECT TO ADJUSTMENTS ("PROPOSED ACQUISITION"); AND (II) PROPOSED AMENDMENTS TO THE CONSTITUTION OF GREENYIELD ("PROPOSED AMENDMENTS")

GREENYIELD BERHAD

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

(I)	PROPOSED ACQUISITION BY GREENYIELD OF 65.0% EQUITY INTEREST IN GREENYIELD RUBBER HOLDINGS (M) LTD FOR A PURCHASE CONSIDERATION OF UP TO RM87,809,653, SUBJECT TO ADJUSTMENTS ("PROPOSED ACQUISITION"); AND 

(II)	PROPOSED AMENDMENTS TO THE CONSTITUTION OF GREENYIELD ("PROPOSED AMENDMENTS")

We refer to the announcements dated 21 March 2022, 4 April 2022, 29 April 2022 and 10 June 2022 (“Announcements”), and circular to shareholders of Greenyield dated 15 June 2022 in relation to the Proposed Acquisition and Proposed Amendments (“Circular”). Unless otherwise stated, words and phrases used in this announcement shall have the same meanings as defined in the Announcements and Circular.

 

On behalf of the Board, HLIB wishes to announce that Greenyield has, on 15 June 2022, obtained the necessary regulatory approval to undertake the investment in foreign currency asset beyond the permissible limit.

 

 

This announcement is dated 16 June 2022.






Announcement Info

Company Name GREENYIELD BERHAD
Stock Name GREENYB
Date Announced 16 Jun 2022
Category General Announcement for PLC
Reference Number GA1-15062022-00072