TEXCYCL

0.710

-0.015 (-2.1%)

OTHERS TEX CYCLE TECHNOLOGY (M) BERHAD - ANNOUNCEMENT PURSUANT TO RULE 9.20 OF THE ACE MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD

TEX CYCLE TECHNOLOGY (M) BERHAD

Type Announcement
Subject OTHERS
Description
TEX CYCLE TECHNOLOGY (M) BERHAD 
- ANNOUNCEMENT PURSUANT TO RULE 9.20 OF THE ACE MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD

Pursuant to Rule 9.20 of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, Tex Cycle Technology (M) Berhad (“TEXCYCL” or “the Company”) wishes to announce that as at 21 November 2023, the aggregate value of quoted securities acquired by the Company that has not been announced for the preceding twelve (12) months has exceeded 5% of the Company’s latest audited consolidated net assets as at 31 December 2022.

 

 The details of the investment in the quoted securities are as follows:

 

 

 

RM

% of TEXCYCL's latest audited consolidated net assets

(a)

Aggregate purchase consideration within the preceding twelve (12) months 

14,960,000

12%

(b)

Aggregate sale consideration within the preceding twelve (12) months 

-

-

(c)

Investments in quoted securities as at 21 November 2023 :

 

 

  • Total Cost 

RM  29,593,613.25 

 

  •  Total Book Value

RM  29,593,613.25 

 

  • Total Market Value

RM  29,708,660.00

(d)

Net profit/loss arising from the disposal of quoted securities by TEXCYCL during the current financial year ending 31 December 2023    (Sales proceeds less investment cost and incidental expenses) 

-

 

The acquisition of the quoted securities as announced was made on 20 November 2023.

 

This announcement is dated 21 November 2023.

 






Announcement Info

Company Name TEX CYCLE TECHNOLOGY (M) BERHAD
Stock Name TEXCYCL
Date Announced 21 Nov 2023
Category General Announcement for PLC
Reference Number GA1-21112023-00091