Circular/Notice to Shareholders
| SYSTECH BHD |
| Subject | SYSTECH BHD - CIRCULAR TO SHAREHOLDERS IN RELATION TO: (I) PROPOSED ACQUISITION OF 240,000 ORDINARY SHARES IN TALENTCLOUD AI SDN BHD ("TCAI"), REPRESENTING 80.0% EQUITY INTEREST IN TCAI, FOR A TOTAL CASH CONSIDERATION OF RM14,400,000 ("PROPOSED ACQUISITION"); AND (II) PROPOSED DISPOSAL OF THE COMPANY'S ENTIRE EQUITY INTERESTS IN SYSCATECH SDN BHD, MOBYSYS SDN BHD, TECHCASYS SDN BHD, SYSCATECH INC. AND SYSCODE SDN BHD FOR A TOTAL CASH CONSIDERATION OF RM6,604,605 ("PROPOSED DISPOSAL") (COLLECTIVELY, REFERRED TO AS THE "PROPOSALS") |
Please refer attachment below.
Announcement Info
| Company Name | SYSTECH BHD |
| Stock Name | SYSTECH |
| Date Announced | 24 Mar 2023 |
| Category | Document Submission |
| Reference Number | DCS-24032023-00014 |