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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS PETERLABS HOLDINGS BERHAD ("PHB" OR "COMPANY") (I) PROPOSED ACQUISITION; AND (II) PROPOSED DIVERSIFICATION COLLECTIVELY REFERRED TO AS "PROPOSALS".

PETERLABS HOLDINGS BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
PETERLABS HOLDINGS BERHAD ("PHB" OR "COMPANY")

(I)	PROPOSED ACQUISITION; AND

(II)	PROPOSED DIVERSIFICATION

COLLECTIVELY REFERRED TO AS "PROPOSALS".

(Unless otherwise defined, defined terms used in this announcement shall carry the same meanings as defined in the announcements dated 22 July 2020 and 14 August 2020 in relation to the Proposals (“Announcements”))

 

We refer to the Announcement dated 22 July 2020 in relation to the Proposals.

 

On behalf of the Board of Directors of PHB, Alliance Investment Bank Berhad wishes to announce that pursuant to Rule 10.02(g) of the Listing Requirements, the highest percentage ratio applicable to the Proposed Acquisition is 31.31% calculated based on the audited total assets of TOT compared with the audited total assets of the PHB Group.

 

Pursuant to the above, the Proposed Acquisition is subject to the approval from the shareholders of the Company being obtained at the forthcoming EGM.

 

This announcement is dated 2 September 2020.






Announcement Info

Company Name PETERLABS HOLDINGS BERHAD
Stock Name PLABS
Date Announced 02 Sep 2020
Category General Announcement for PLC
Reference Number GA1-02092020-00018




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