[NCT] Acquisitions on 03-Jul-2024

Announcement Date
03-Jul-2024
Listing Date
04-Jul-2024
New Type/Class?
No
Type
Acquisitions
Details
Proposed acquisition by NCT Alliance Berhad ("NCT") of the entire equity interest in NCT Builders Group Holdings Sdn Bhd for a total purchase consideration of RM100.89 million to be satisfied via cash consideration of RM65.49 million and the balance of RM35.40 million by way of issuance of 110,625,000 new ordinary shares in NCT ("NCT Share(s)") at an issue price of RM0.32 per NCT Share
No. of shared issued
110,625,000
Issue Price
Malaysian Ringgit (MYR) 0.320
Par Value
0.000
Total NOSH
1,691,502,452
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