TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS VIZIONE HOLDINGS BERHAD (VIZIONE OR THE COMPANY) PROPOSED DISPOSAL OF 51% EQUITY INTEREST IN SSN MEDICAL PRODUCTS SDN. BHD., BY VIP INDEX SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF VIZIONE, TO ANG TECK LEONG FOR A TOTAL CASH CONSIDERATION OF RM100,000 (PROPOSED DISPOSAL)
| VIZIONE HOLDINGS BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | VIZIONE HOLDINGS BERHAD (VIZIONE OR THE COMPANY) PROPOSED DISPOSAL OF 51% EQUITY INTEREST IN SSN MEDICAL PRODUCTS SDN. BHD., BY VIP INDEX SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF VIZIONE, TO ANG TECK LEONG FOR A TOTAL CASH CONSIDERATION OF RM100,000 (PROPOSED DISPOSAL) |
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The Board of Directors of Vizione, wishes to announce that VIP Index Sdn. Bhd. [Registration No. 202001024252 (1380572-K)] (VIP), a wholly-owned subsidiary of Vizione, had on 7 November 2022 entered into a Shares Sale Agreement with Ang Teck Leong, a director and shareholder of SSN, for the disposal of 2,307,754 ordinary shares held by VIP in SSN Medical Products Sdn. Bhd. [Registration No. 199701026395 (441893-K)] (SSN), representing approximately 51% of the total issued and paid-up ordinary shares of SSN, for a total consideration of RM100,000.
Please refer to the attachment for further details.
This announcement is dated 7 November 2022. |
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Please refer attachment below.
Announcement Info
| Company Name | VIZIONE HOLDINGS BERHAD |
| Stock Name | VIZIONE |
| Date Announced | 07 Nov 2022 |
| Category | General Announcement for PLC |
| Reference Number | GA1-01112022-00115 |