LITRAK

4.800

-0.03 (-0.6%)

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS LINGKARAN TRANS KOTA HOLDINGS BERHAD ("LITRAK HOLDINGS" OR "COMPANY") DISPOSAL OF ALL THE SECURITIES IN: (I) LINGKARAN TRANS KOTA SDN BHD ("LITRAK"); AND (II) SISTEM PENYURAIAN TRAFIK KL BARAT SDN BHD ("SPRINT") TO AMANAT LEBUHRAYA RAKYAT BERHAD ("ALR"). (COLLECTIVELY REFERRED TO AS THE "DISPOSALS")

LINGKARAN TRANS KOTA HOLDINGS BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description
LINGKARAN TRANS KOTA HOLDINGS BERHAD ("LITRAK HOLDINGS" OR "COMPANY")

DISPOSAL OF ALL THE SECURITIES IN:

(I)	LINGKARAN TRANS KOTA SDN BHD ("LITRAK"); AND

(II)	SISTEM PENYURAIAN TRAFIK KL BARAT SDN BHD ("SPRINT")

TO AMANAT LEBUHRAYA RAKYAT BERHAD ("ALR").

(COLLECTIVELY REFERRED TO AS THE "DISPOSALS")

Reference is made to the Company’s announcement dated 4 April 2022, 18 April 2022, 8 June 2022, 9 June 2022, 10 June 2022 and 12 July 2022 in relation to the Disposals (“Announcements”). Unless otherwise defined, capitalised terms used in this announcement shall have the same meanings as those defined in the Announcements.

 

On behalf of the Board of LITRAK Holdings, HLIB wishes to announce that all the conditions as set out in the respective CLOOs has been fulfilled on 5 August 2022. Accordingly, on even date, LITRAK Holdings and SPRINT Holdings had entered into the respective Finalised SSPAs with ALR for the Disposals.

 

 

This announcement is dated 5 August 2022.






Announcement Info

Company Name LINGKARAN TRANS KOTA HOLDINGS BERHAD
Stock Name LITRAK
Date Announced 05 Aug 2022
Category General Announcement for PLC
Reference Number GA1-05082022-00056