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, 3 January 2023, 3 February 2023 and 3 March 2023 with regards to the above matter.
On behalf of the Board of Insas, M & A is pleased to announce that all the conditions precedents in the SSPA have been fulfilled, and the SSPA has become unconditional on 10 March 2023.
This announcement is dated 10 March 2023. |
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Announcement Info
| Company Name | INSAS BERHAD |
| Stock Name | INSAS |
| Date Announced | 10 Mar 2023 |
| Category | General Announcement for PLC |
| Reference Number | GA1-10032023-00059 |