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OTHERS TFP SOLUTIONS BERHAD ("TFP" OR "THE COMPANY") - PROPOSED DISPOSAL OF 55% EQUITY INTEREST IN TFP SOLUTIONS (BANGLADESH) LIMITED, AN INDIRECT SUBSIDIARY OF TFP

TFP SOLUTIONS BERHAD

Type Announcement
Subject OTHERS
Description
TFP SOLUTIONS BERHAD ("TFP" OR "THE COMPANY")
-	PROPOSED DISPOSAL OF 55% EQUITY INTEREST IN TFP SOLUTIONS (BANGLADESH) LIMITED, AN INDIRECT SUBSIDIARY OF TFP

The Board of Directors of TFP Solutions Berhad (“TFP” or “the Company”) wishes to announce that its wholly-owned subsidiary, TFP Soft Sdn. Bhd. (Formerly known as One Uni Education Sdn. Bhd.) (“TFP Soft”) had on 7 September 2018 entered into a Sale and Purchase Agreement for Shares with Mohammed Junaeid Aziz for the proposed disposal of 1,100 shares in TFP Solutions (Bangladesh) Limited (Registration No. C-144275) (“TFP Bangladesh”), representing 55% equity interest in TFP Bangladesh for a total cash consideration of RM7,977.80 (“Proposed Disposal”). 

 

Upon completion of the Proposed Disposal, TFP Bangladesh shall cease to be subsidiary of TFP Soft and indirect subsidiary of the Company.

 

Please refer to the attachment for further details.

 

This announcement is dated 7 September 2018.




Please refer attachment below.



Announcement Info

Company Name TFP SOLUTIONS BERHAD
Stock Name TFP
Date Announced 07 Sep 2018
Category General Announcement for PLC
Reference Number GA1-06092018-00079




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