DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : Dealings Outside Closed Period
| GENETEC TECHNOLOGY BERHAD |
| Subject | Dealings Outside Closed Period |
| No | Salutation | Name | Designation | Description Of "Others" Designation |
MR |
CHIN KEM WENG |
Managing Director |
||
| Type of Transaction | Others | |||
| Description of "Others" Type of Transaction | Entry of TRS | |||
| Date of Transaction | 18 Dec 2023 | |||
| Description of Securities |
Ordinary Shares |
|||
| No of Securities Transacted | 34,800,000 | |||
| % of Securities Transacted | 4.497 | |||
| Consideration | Malaysian Ringgit (MYR) 25,000,000.000 | |||
| Remarks : |
1. Total Return Swap ("TRS") is a financial derivative product that is linked to the performance of the ordinary shares of the Company.
2. There will be no change in the Director's interests or shareholdings in the Company as a result of the Director entering into the TRS as the terms and conditions of the TRS do not contemplate for any acquisition, disposal or transfer of the ordinary shares in the Company by the Director. The total number of ordinary shares of the Company to be transacted under the TRS is up to 34,800,000 units at the total consideration up to RM25,000,000 only. |
Announcement Info
| Company Name | GENETEC TECHNOLOGY BERHAD |
| Stock Name | GENETEC |
| Date Announced | 20 Dec 2023 |
| Category | Dealings in Listed Securities (Chapter 14 of Listing Requirements) |
| Reference Number | DLR-19122023-00005 |