TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS SMIS Corporation Berhad ("SMIS" or the "Company") - Proposed Disposal of 216,589 shares, representing 5.0% of the total issued share capital in PT. Grand Surya Techno, a wholly-owned subsidiary of the Company
SMIS CORPORATION BERHAD |
Type | Announcement |
Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
Description | SMIS Corporation Berhad ("SMIS" or the "Company") - Proposed Disposal of 216,589 shares, representing 5.0% of the total issued share capital in PT. Grand Surya Techno, a wholly-owned subsidiary of the Company |
The Board of Directors of SMIS wishes to announce that SMIS had on 13 January 2023 entered into an Agreement of Shares Sell and Purchase (“the Agreement”) with Sugihara Co. Ltd. for the proposed disposal of 216,589 shares, representing 5.0% of the total issued share capital in PT. Grand Surya Techno (“PTGST”), a wholly-owned subsidiary of the Company for a total sale consideration of USD197,858 (equivalent to approximately RM891,746) only (“Disposal Consideration”), subject to the terms and conditions as stipulated in the Agreement (the “Proposed Disposal”).
Please refer to the attachment for further details of the Proposed Disposal.
This announcement is dated 13 January 2023. |
Please refer attachment below.
Announcement Info
Company Name | SMIS CORPORATION BERHAD |
Stock Name | SMISCOR |
Date Announced | 13 Jan 2023 |
Category | General Announcement for PLC |
Reference Number | GA1-13012023-00016 |