TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS OCB BERHAD (“OCB” OR THE “COMPANY”) - PROPOSED DISPOSAL BY OCB OF 4,100,000 ORDINARY SHARES IN AGROW MALAYSIA SDN BHD (“AGROW”) (“AGROW SHARES” OR “SALE SHARES”), REPRESENTING THE ENTIRE EQUITY INTEREST IN AGROW, TO TAN SIN LAM (“PURCHASER”) FOR A TOTAL CASH CONSIDERATION OF RM3.00 MILLION AND ASSUMPTION BY THE PURCHASER OF THE GUARANTEES PROVIDED TO AGROW GROUP (“PROPOSED DISPOSAL”)
| OCB BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | OCB BERHAD (“OCB” OR THE “COMPANY”) - PROPOSED DISPOSAL BY OCB OF 4,100,000 ORDINARY SHARES IN AGROW MALAYSIA SDN BHD (“AGROW”) (“AGROW SHARES” OR “SALE SHARES”), REPRESENTING THE ENTIRE EQUITY INTEREST IN AGROW, TO TAN SIN LAM (“PURCHASER”) FOR A TOTAL CASH CONSIDERATION OF RM3.00 MILLION AND ASSUMPTION BY THE PURCHASER OF THE GUARANTEES PROVIDED TO AGROW GROUP (“PROPOSED DISPOSAL”) |
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Please refer to the attachment for details of the Proposed Disposal.
This announcement is dated 27 December 2024. |
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Please refer attachment below.
Announcement Info
| Company Name | OCB BERHAD |
| Stock Name | OCB |
| Date Announced | 27 Dec 2024 |
| Category | General Announcement for PLC |
| Reference Number | GA1-26122024-00022 |