VELOCITY

0.035

-0.005 (-12.5%)

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS VELOCITY CAPITAL PARTNER BERHAD ("VELOCITY" OR THE "COMPANY" OR THE "PURCHASER") AND ITS SUBSIDIARIES ("VELOCITY GROUP" OR THE "GROUP") - INVESTMENT IN MMAG HOLDINGS BERHAD

VELOCITY CAPITAL PARTNER BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
VELOCITY CAPITAL PARTNER BERHAD ("VELOCITY" OR THE "COMPANY" OR THE "PURCHASER") AND ITS SUBSIDIARIES ("VELOCITY GROUP" OR THE "GROUP") - INVESTMENT IN MMAG HOLDINGS BERHAD
Reference is made to Velocity's announcement made on 3 March 2025 in relation to the investment in MMAG Holdings Berhad (“Announcement”). Unless otherwise stated, terms used herein shall have the same meanings as defined in the Announcement.

The Board of Directors of Velocity wishes to announce that following the fulfilment of the terms as stipulated in the Sale and Purchase Agreement, the Investment is deemed completed.

This announcement is dated 5 March 2025.





Announcement Info

Company Name VELOCITY CAPITAL PARTNER BERHAD
Stock Name VELOCITY
Date Announced 05 Mar 2025
Category General Announcement for PLC
Reference Number GA1-05032025-00090