TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS ALPHA OCEAN RESOURCES BERHAD ("AORB" OR THE "COMPANY") PROPOSED DISPOSAL OF A VESSEL KNOWN AS IBU WIRA 2 BY ASIA TANK TUNA SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF AORB, TO FAR OCEAN SDN BHD FOR A CASH CONSIDERATION OF RM2.45 MILLION
| ALPHA OCEAN RESOURCES BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | ALPHA OCEAN RESOURCES BERHAD ("AORB" OR THE "COMPANY")
PROPOSED DISPOSAL OF A VESSEL KNOWN AS IBU WIRA 2 BY ASIA TANK TUNA SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF AORB, TO FAR OCEAN SDN BHD FOR A CASH CONSIDERATION OF RM2.45 MILLION |
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We refer to the announcement dated 16 May 2025 (“Announcement”). Unless otherwise stated herein, all definitions used in the Announcement shall apply.
On behalf of the Board, Thinkat wishes to announce that all conditions precedent of the MOA have been fulfilled on 16 May 2025, the necessary documentation of which were only received on 23 May 2025. Following thereto, the MOA has become unconditional.
This announcement is dated 23 May 2025. |
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Announcement Info
| Company Name | ALPHA OCEAN RESOURCES BERHAD |
| Stock Name | AORB |
| Date Announced | 23 May 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-23052025-00060 |