TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS RAMSSOL GROUP BERHAD ("RAMSSOL" OR "THE COMPANY") - PROPOSED ACQUISITION OF 51% EQUITY INTEREST IN INFINITE LOOP MEDIA SDN. BHD. ("ILM") FOR A TOTAL PURCHASE CONSIDERATION OF RM400,000 ("PROPOSED ACQUISITION")
| RAMSSOL GROUP BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | RAMSSOL GROUP BERHAD ("RAMSSOL" OR "THE COMPANY")
- PROPOSED ACQUISITION OF 51% EQUITY INTEREST IN INFINITE LOOP MEDIA SDN. BHD. ("ILM") FOR A TOTAL PURCHASE CONSIDERATION OF RM400,000 ("PROPOSED ACQUISITION") |
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The Board of Directors of RAMSSOL is pleased to announce that the Company had on 14 February 2023 entered into a Share Purchase Agreement with Mr. Neoh Tze Chien (“Vendor”) for the proposed acquisition of 25,500 ordinary shares in ILM representing 51% of the total issued share capital in ILM for a total purchase consideration of RM400,000 (“Proposed Acquisition”).
Please refer to the attachment for more details on the Proposed Acquisition.
This announcement is dated 14 February 2023. |
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Please refer attachment below.
Announcement Info
| Company Name | RAMSSOL GROUP BERHAD |
| Stock Name | RAMSSOL |
| Date Announced | 14 Feb 2023 |
| Category | General Announcement for PLC |
| Reference Number | GA1-13022023-00107 |