EATECH

0.355

-0.005 (-1.4%)

OTHERS E.A. TECHNIQUE (M) BERHAD ("EAT" OR "THE COMPANY") PROPOSED DISPOSAL OF A VESSEL, NAMELY NAUTICA KOTA TINGGI (NKT) TO PETROLEM GULF ENERGY TRADING LLC (PGET OR PURCHASER) FOR A TOTAL CASH CONSIDERATION OF USD4.65 MILLION OR APPROXIMATELY RM20.55 MILLION (PROPOSED NKT DISPOSAL).

E.A.TECHNIQUE (M) BERHAD

Type Announcement
Subject OTHERS
Description
E.A. TECHNIQUE (M) BERHAD ("EAT" OR "THE COMPANY")

PROPOSED DISPOSAL OF A VESSEL, NAMELY NAUTICA KOTA TINGGI (NKT) TO PETROLEM GULF ENERGY TRADING LLC (PGET OR PURCHASER) FOR A TOTAL CASH CONSIDERATION OF USD4.65 MILLION OR APPROXIMATELY RM20.55 MILLION (PROPOSED NKT DISPOSAL).

The Board of Directors of EATECH is pleased to announce that the Company had on 20 June 2022 entered into a memorandum of agreement (“NKT MOA”) for the sale of its vessel, namely NKT to PGET for a total cash consideration of USD4.65 million or approximately RM20.55* million.

 

Details of the full announcement is attached.

 

This announcement is dated 20 June 2022.




Please refer attachment below.

Attachments

Proposed Disposal of NKT.pdf
520.3 kB



Announcement Info

Company Name E.A.TECHNIQUE (M) BERHAD
Stock Name EATECH
Date Announced 20 Jun 2022
Category General Announcement for PLC
Reference Number GA1-20062022-00059