TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS SUPERMAX CORPORATION BERHAD ("SUPERMAX" OR "THE COMPANY") - PROPOSED ACQUISITION OF BALANCE OF 33% EQUITY INTEREST IN SUPERMAX HEALTHCARE CANADA INCORPORATED
| SUPERMAX CORPORATION BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | SUPERMAX CORPORATION BERHAD ("SUPERMAX" OR "THE COMPANY")
- PROPOSED ACQUISITION OF BALANCE OF 33% EQUITY INTEREST IN SUPERMAX HEALTHCARE CANADA INCORPORATED |
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Pursuant to Paragraph 10.06 of the Bursa Malaysia Securities Berhad Main Market Listing Requirements, the Board of Directors of Supermax wishes to announce that the Company has on 9 May 2024 (8 May 2024 in Montreal, Quebec, Canada) entered into a Share Sale Agreement with Sylvain Bergeron, to acquire the balance of 33% equity interest in Supermax Healthcare Canada Incorporated ("SHCI"), a 67%-owned subsidiary of the Company, for a cash consideration of CAD5,496,250 (equivalent to RM18,962,000) (“Proposed Acquisition”). Upon the completion of the Proposed Acquisition, SHCI shall become a wholly-owned subsidiary of Supermax.
Please refer to the attachement for further details on the Proposed Acquisition.
This announcement is dated 9 May 2024.
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Please refer attachment below.
Announcement Info
| Company Name | SUPERMAX CORPORATION BERHAD |
| Stock Name | SUPERMX |
| Date Announced | 09 May 2024 |
| Category | General Announcement for PLC |
| Reference Number | GA1-08052024-00080 |