PTT

1.740

+0.1 (+6.1%)

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS PTT Synergy Group Berhad ("PTTS") - Proposed disposal of entire equity interest in Heap Wah Barakah Sdn. Bhd. for a consideration of RM15.0 million

PTT SYNERGY GROUP BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
PTT Synergy Group Berhad ("PTTS") - Proposed disposal of entire equity interest in Heap Wah Barakah Sdn. Bhd. for a consideration of RM15.0 million

The Board of Directors of PTTS wishes to announce that the Company had on 18 December 2024 entered into a Share Sales Agreement with HW Barakah Sdn. Bhd. to disposed off its 70% equity interest in Heap Wah Barakah Sdn. Bhd. bearing registration no. 198401009617 (122161-A) comprising 700,000 ordinary shares for a total cash consideration of RM15.0 million.

 

Please refer to the attachment for further details.

 

This announcement is dated 18 December 2024. 




Please refer attachment below.



Announcement Info

Company Name PTT SYNERGY GROUP BERHAD
Stock Name PTT
Date Announced 18 Dec 2024
Category General Announcement for PLC
Reference Number GA1-18122024-00032