TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS

Company Name INSAS BERHAD
Stock Name INSAS
Date Announced 01 Jul 2022
Category General Announcement for PLC
Reference Number GA1-01072022-00069

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
INSAS BERHAD ("INSAS" OR THE "COMPANY") 

PROPOSED DISPOSAL OF 100% EQUITY INTEREST IN M & A SECURITIES SDN BHD ("M & A SECURITIES") FOR A CONSIDERATION OF RM222.0 MILLION

(Unless otherwise stated, all abbreviations used herein shall have the same meanings as those stated in the Company’s announcements in relation to the SYF Proposals dated 6 October 2021)

 

Reference is made to the Company’s announcements dated 6 October 2021 and 2 December 2021. On behalf of the Board, M & A Securities wishes to announce that Insas and the Buyer had on 1 July 2022 agreed to extend the conditional period of the SSPA to 4 January 2023.  

 

 

This announcement is dated 1 July 2022.






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