TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS INSAS BERHAD ("INSAS" OR "COMPANY") PROPOSED DISPOSAL OF 100% EQUITY INTEREST IN M & A SECURITIES SDN BHD ("M&A") 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 "COMPANY")
PROPOSED DISPOSAL OF 100% EQUITY INTEREST IN M & A SECURITIES SDN BHD ("M&A") 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 earlier announcements in relation to the SYF Proposals.)
Reference is made to the Company’s announcements dated 6 October 2021, 2 December 2021, 1 July 2022, 13 October 2022, 14 November 2022, 16 December 2022 and 3 January 2023 with regards to the above matter.
On behalf of the Board, M&A wishes to announce that the SC has on 3 February 2023 granted its approval for the change in the shareholder of M&A, subject to any condition(s) imposed by the SC.
This announcement is dated 3 February 2023. |
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Announcement Info
| Company Name | INSAS BERHAD |
| Stock Name | INSAS |
| Date Announced | 03 Feb 2023 |
| Category | General Announcement for PLC |
| Reference Number | GA1-03022023-00054 |