ASTRA

0.370

(%)

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