TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS EP MANUFACTURING BHD ("EPM" OR "THE COMPANY") - PROPOSED ACQUISITION BY EPM OF 5,000,000 ORDINARY SHARES IN KENSINGTON DEVELOPMENT SDN. BHD. ("KENSINGTON DEVELOPMENT"), REPRESENTING THE ENTIRE EQUITY INTEREST IN KENSINGTON DEVELOPMENT, FROM BESTEMPIRE LIMITED ("VENDOR") FOR A CASH CONSIDERATION OF RM45.6 MILLION ("PROPOSED ACQUISITION")
| EP MANUFACTURING BHD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | EP MANUFACTURING BHD ("EPM" OR "THE COMPANY")
- PROPOSED ACQUISITION BY EPM OF 5,000,000 ORDINARY SHARES IN KENSINGTON DEVELOPMENT SDN. BHD. ("KENSINGTON DEVELOPMENT"), REPRESENTING THE ENTIRE EQUITY INTEREST IN KENSINGTON DEVELOPMENT, FROM BESTEMPIRE LIMITED ("VENDOR") FOR A CASH CONSIDERATION OF RM45.6 MILLION ("PROPOSED ACQUISITION") |
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(The abbreviations use in this announcement shall carry the same meaning as those previously defined in the Company’s announcement dated 19 July 2021 in relation to the Proposed Acquisition.)
Reference is made to EPM’s announcements dated 19 July 2021, 22 July 2021, 15 September 2021, 20 October 2021, 31 March 2022, 17 October 2022 and 18 October 2022 in relation to the Proposed Acquisition.
The Board of EPM wishes to announce that the Proposed Acquisition has been completed on 29 December 2022 and EPM has fully paid the Balance Purchase Consideration to the Vendor.
This announcement is dated 29 December 2022. |
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Announcement Info
| Company Name | EP MANUFACTURING BHD |
| Stock Name | EPMB |
| Date Announced | 29 Dec 2022 |
| Category | General Announcement for PLC |
| Reference Number | GA1-28122022-00080 |