CATCHA

0.290

-0.01 (-3.3%)

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS CATCHA DIGITAL BERHAD ("CATCHA DIGITAL" OR THE "COMPANY") - PROPOSED ACQUISITION BY IMEDIA ASIA SDN BHD (A WHOLLY-OWNED SUBSIDIARY OF CATCHA DIGITAL) ("IMEDIA" OR THE "PURCHASER") OF 70% EQUITY INTEREST IN TR MEDIA BYTES SDN BHD ("TR MEDIA") FOR A PURCHASE CONSIDERATION OF RM665,000.00 ("PROPOSED ACQUISITION")

CATCHA DIGITAL BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
CATCHA DIGITAL BERHAD ("CATCHA DIGITAL" OR THE "COMPANY")
- PROPOSED ACQUISITION BY IMEDIA ASIA SDN BHD (A WHOLLY-OWNED SUBSIDIARY OF CATCHA DIGITAL) ("IMEDIA" OR THE "PURCHASER") OF 70% EQUITY INTEREST IN TR MEDIA BYTES SDN BHD ("TR MEDIA") FOR A PURCHASE CONSIDERATION OF RM665,000.00 ("PROPOSED ACQUISITION")

(Unless stated otherwise, definitions used in this announcement shall carry the same meaning as defined in the Company’s announcement in relation to the Proposed Acquisition dated 29 August 2023 and 29 December 2023).

 

The Board of Directors of the Company wishes to announce that iMedia had on 23 January 2024, entered into a share sale agreement for the acquisition of 70 ordinary shares in TR Media (Registration No. 202301021825 (1515748-A)) (representing 70% equity interest in TR Media) with Chan Lik Kiong (“SSA”).

 

Subject to the terms and condition of the SSA, the purchase consideration for the Proposed Acquisition is RM665,000.00.

 

Kindly refer to the attachment for further information on the Proposed Acquisition.

 

This announcement is made on 23 January 2024.




Please refer attachment below.



Announcement Info

Company Name CATCHA DIGITAL BERHAD
Stock Name CATCHA
Date Announced 23 Jan 2024
Category General Announcement for PLC
Reference Number GA1-19012024-00075