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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS CAREPLUS GROUP BERHAD ("CAREPLUS" OR THE "COMPANY") ACQUISITION BY CAREPLUS OF THE REMAINING 317,122 ORDINARY SHARES IN CAREGLOVE GLOBAL SDN BHD ("CAREGLOVE") NOT ALREADY HELD BY CAREPLUS, REPRESENTING 49.9998% OF THE TOTAL NUMBER OF ISSUED SHARES OF CAREGLOVE FOR A CASH CONSIDERATION OF APPROXIMATELY RM24.0 MILLION ("ACQUISITION")

CAREPLUS GROUP BERHAD

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

ACQUISITION BY CAREPLUS OF THE REMAINING 317,122 ORDINARY SHARES IN CAREGLOVE GLOBAL SDN BHD ("CAREGLOVE") NOT ALREADY HELD BY CAREPLUS, REPRESENTING 49.9998% OF THE TOTAL NUMBER OF ISSUED SHARES OF CAREGLOVE FOR A CASH CONSIDERATION OF APPROXIMATELY RM24.0 MILLION ("ACQUISITION")

We refer to the announcement dated 10 October 2019 and the circular dated 13 November 2019 in relation to the Acquisition (“Circular”). The terms used herein shall, unless the context otherwise stated, bear the same meaning as those defined in the Circular, where applicable.

 

On behalf of the Board, UOBKH wishes to announce that pursuant to the fulfilment of all the conditions precedent under the SPA on 9 December 2019, the Acquisition has become unconditional.

 

 

This announcement is dated 9 December 2019.






Announcement Info

Company Name CAREPLUS GROUP BERHAD
Stock Name CAREPLS
Date Announced 09 Dec 2019
Category General Announcement for PLC
Reference Number GA1-06122019-00054




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