FINTEC

0.190

(%)

OTHERS FINTEC GLOBAL BERHAD ["FINTEC" or "the Company"] - ANNOUNCEMENT PURSUANT TO RULE 9.20 OF THE ACE MARKET LISTING REQUIREMENTS

FINTEC GLOBAL BERHAD

Type Announcement
Subject OTHERS
Description 
FINTEC GLOBAL BERHAD ["FINTEC" or "the Company"]
- ANNOUNCEMENT PURSUANT TO RULE 9.20 OF THE ACE MARKET LISTING REQUIREMENTS

Pursuant to Rule 9.20 of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, FINTEC GLOBAL BERHAD (“FINTEC” or “the Company”) wishes to announce that as at 27 August 2024, the aggregate value of quoted securities acquired by Asiabio Capital Sdn. Bhd. and Fintec Global Limited, the wholly-owned subsidiaries of the Company, that are principally involved in the investment in marketable securities, that has not been announced for the preceding twelve (12) months has exceeded 5% of FINTEC’s latest audited consolidated net assets as at 30 June 2023. The details of the investment in the quoted securities are as follows:-

 

   

RM

% of FINTEC's latest audited consolidated net assets

a.

Aggregate purchase consideration within the preceding twelve (12) months

11,017,229.13

5.14%
     

b.

Aggregate sale consideration within the preceding twelve (12) months

-

-
   

RM

c.

Investments in quoted securities as at 27 August 2024

  
 

- Total Cost

214,488,733.73
 

- Total Book Value

123,434,505.97
 

- Total Market Value

100,027,580.75
     

d.

Net Profit arising from the disposal of quoted securities by FINTEC Group during the current financial year ending 30 June 2024 (Sales proceeds less investment cost and incidental expenses)

-

 

The acquisition of the quoted securities as announced were made within the period from 2 February 2024 to 26 August 2024.

 

This announcement is dated 27 August 2024.

 



Announcement Info

Company Name FINTEC GLOBAL BERHAD
Stock Name FINTEC
Date Announced 27 Aug 2024
Category General Announcement for PLC
Reference Number GA1-27082024-00070


View original announcement