TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS INSAS BERHAD ("INSAS" OR THE "COMPANY") PROPOSED DISPOSAL OF 100% EQUITY INTEREST IN M & A SECURITIES SDN BHD ("M & A SECURITIES") FOR A CONSIDERATION OF RM222.0 MILLION
| INSAS BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | INSAS BERHAD ("INSAS" OR THE "COMPANY")
PROPOSED DISPOSAL OF 100% EQUITY INTEREST IN M & A SECURITIES SDN BHD ("M & A SECURITIES") FOR A CONSIDERATION OF RM222.0 MILLION |
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(Unless otherwise stated, all abbreviations used herein shall have the same meanings as those stated in the Company’s announcements in relation to the SYF Proposals dated 6 October 2021)
Reference is made to the Company’s announcements dated 6 October 2021, 2 December 2021, 1 July 2022 and 13 October 2022.
On behalf of the Board, M&A Securities wishes to announce that Insas and SYF has on 14 November 2022 entered into a Supplemental Agreement to vary the terms of the SSPA.
Kindly refer to the attachment below for further details.
This announcement is dated 14 November 2022. |
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Please refer attachment below.
Announcement Info
| Company Name | INSAS BERHAD |
| Stock Name | INSAS |
| Date Announced | 14 Nov 2022 |
| Category | General Announcement for PLC |
| Reference Number | GA1-14112022-00065 |