TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS COSMOS TECHNOLOGY INTERNATIONAL BERHAD (“COSMOS” OR “COMPANY”) DISPOSAL OF 100.0% ENTIRE EQUITY INTEREST IN MCI ETECH SDN BHD (“MCI”), A WHOLLY-OWNED SUBSIDIARY OF COSMOS TO LOYAL FAME SDN BHD FOR A CASH CONSIDERATION OF RM12.31 MILLION (“DISPOSAL”)
| COSMOS TECHNOLOGY INTERNATIONAL BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | COSMOS TECHNOLOGY INTERNATIONAL BERHAD (“COSMOS” OR “COMPANY”) DISPOSAL OF 100.0% ENTIRE EQUITY INTEREST IN MCI ETECH SDN BHD (“MCI”), A WHOLLY-OWNED SUBSIDIARY OF COSMOS TO LOYAL FAME SDN BHD FOR A CASH CONSIDERATION OF RM12.31 MILLION (“DISPOSAL”) |
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We refer to the announcements made on 13 September 2024, 14 October 2024 and 30 October 2024 in relation to the Disposal (“Announcements”). Unless otherwise stated, all abbreviations used in this announcement shall have the same meaning as defined in the Announcements.
On behalf of the Board, Mercury Securities wishes to announce that the Disposal Consideration has been fully paid by the Purchaser to Cosmos on 30 December 2024. Accordingly, the Disposal has been completed on 30 December 2024.
This announcement is dated 31 December 2024. |
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Announcement Info
| Company Name | COSMOS TECHNOLOGY INTERNATIONAL BERHAD |
| Stock Name | COSMOS |
| Date Announced | 31 Dec 2024 |
| Category | General Announcement for PLC |
| Reference Number | GA1-31122024-00009 |