OTHERS EXECUTION OF BINDING TERM SHEET FOR THE PROPOSED ACQUISITION OF THE ENTIRE EQUITY INTEREST IN EPIC CHEMICALS SDN BHD
ASTRAMINA GROUP BERHAD |
Type | Announcement |
Subject | OTHERS |
Description | EXECUTION OF BINDING TERM SHEET FOR THE PROPOSED ACQUISITION OF THE ENTIRE EQUITY INTEREST IN EPIC CHEMICALS SDN BHD |
The Board of Directors of Astramina Group Berhad ("ASTRA" or the "Company") wishes to announce that the Company had on 2 March 2023 entered into a binding term sheet ("BTS") with Chan Kok Woei and Tan Soon Hock (collectively, the "Vendors") to exclusively explore and negotiate further on a proposed acquistion by the Company of the entire equity interest in Epic Chemicals Sdn Bhd ("Epic Chemicals") ("Proposed Acquisition").
Please refer to the attachement for further details.
This announcement is dated 2 March 2023. |
Please refer attachment below.
Announcement Info
Company Name | ASTRAMINA GROUP BERHAD |
Stock Name | ASTRA |
Date Announced | 02 Mar 2023 |
Category | General Announcement for PLC |
Reference Number | GA1-28022023-00052 |