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, 13 October 2022, 14 November 2022 and 16 December 2022.
On behalf of the Board, M & A Securities wishes to announce that Insas and the Buyer had on 3 January 2023 agreed to extend the conditional period of the SSPA to 14 June 2023.
This announcement is dated 3 January 2023. |
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Announcement Info
| Company Name | INSAS BERHAD |
| Stock Name | INSAS |
| Date Announced | 03 Jan 2023 |
| Category | General Announcement for PLC |
| Reference Number | GA1-03012023-00084 |