OTHERS TECHNA-X BERHAD (FORMERLY KNOWN AS SINO HUA-AN INTERNATIONAL BERHAD) ("TXB") - TERM SHEET IN RELATION TO THE PROPOSED DISPOSAL OF THE 50% EQUITY INTEREST HELD BY TXB IN HK AEROSPACE BEIDOU NEW ENERGY INDUSTRY TECHNOLOGY CO., LTD. TECHNA-X BERHAD
Type Announcement Subject OTHERS Description TECHNA-X BERHAD (FORMERLY KNOWN AS SINO HUA-AN INTERNATIONAL BERHAD) ("TXB") - TERM SHEET IN RELATION TO THE PROPOSED DISPOSAL OF THE 50% EQUITY INTEREST HELD BY TXB IN HK AEROSPACE BEIDOU NEW ENERGY INDUSTRY TECHNOLOGY CO., LTD. The Board of Directors of TXB wishes to announce that TXB had on 24 November 2021 entered into a Term Sheet with Chaswood Resources Holdings Ltd. (“Purchaser”) for the purpose of disposing 50% equity interest held by TXB in HK Aerospace Beidou New Energy Industry Technology Co., Ltd. to the Purchaser, for a total consideration of USD250,000,000, to be satisfied in full by the allotment and issuance of such number of new shares of the Purchaser at a pre-consolidation issue price of S$0.038 per share on a pre-proposed share consolidation basis.
Please refer to the attachment for details of the announcement.
"The global markets are increasingly focusing on energy storage and placing a huge premium on this space in particular, battery storage. Via the 27 patents that we own, HK Aerospace is the only company in the world to use rare metal Ruthenium base in its ultra-capacitors and super batteries and enjoys the highest capacitance potential in the market.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
brennan
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Posted by brennan > 2021-11-23 14:48 | Report Abuse
look like sikit sikit lompat naik