TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS MIKRO MSC BERHAD (MIKRO OR COMPANY) PROPOSED ACQUISITION BY MIKRO OF UP TO 10% IN BIO ENECO SDN BHD (BESB) FOR A TOTAL PURCHASE CONSIDERATION OF RM22.5 MILLION (HEREINAFTER REFERRED TO AS THE PROPOSED ACQUISITION)
| MIKRO MSC BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | MIKRO MSC BERHAD (MIKRO OR COMPANY) PROPOSED ACQUISITION BY MIKRO OF UP TO 10% IN BIO ENECO SDN BHD (BESB) FOR A TOTAL PURCHASE CONSIDERATION OF RM22.5 MILLION (HEREINAFTER REFERRED TO AS THE PROPOSED ACQUISITION) |
|
The Board of Directors of MIKRO (“Board”) wishes to announce that MIKRO had on 30 December 2022 entered into Share Sale Agreement (“SSA”) with Mr Yeo Hock Cheong (the “Vendor”), the majority shareholder of BESB, for the Proposed Acquisition. The Proposed Acquisition entails the acquisition of up to 10% of the total issued share capital of BESB from the vendor for a total purchase consideration of RM22.5 million.
The details announcements is attached.
This announcement is dated 30 December 2022. |
|
Please refer attachment below.
Announcement Info
| Company Name | MIKRO MSC BERHAD |
| Stock Name | MIKROMB |
| Date Announced | 30 Dec 2022 |
| Category | General Announcement for PLC |
| Reference Number | GA1-30122022-00035 |