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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS FINTEC GLOBAL BERHAD ["FINTEC" or "the Company"] - ACQUISITION OF SHARES IN FOCUS DYNAMICS GROUP BERHAD

FINTEC GLOBAL BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
FINTEC GLOBAL BERHAD ["FINTEC" or "the Company"]
- ACQUISITION OF SHARES IN FOCUS DYNAMICS GROUP BERHAD

The Board of Directors of FINTEC wishes to announce that its wholly-owned subsidiary, Asiabio Capital Sdn. Bhd. (“ABC”), that is principally involved in the investment of marketable securities had on 26 February 2021 acquired in aggregate 0.48% or 30,097,700 shares of Focus Dynamics Group Berhad (“Focus”) from the open market for an aggregate sum of RM19,518,820.15 (“Acquisition Consideration”) in cash (hereinafter referred to as the “Acquisition”).

 

Please refer to the attachment below for more details.




Please refer attachment below.



Announcement Info

Company Name FINTEC GLOBAL BERHAD
Stock Name FINTEC
Date Announced 01 Mar 2021
Category General Announcement for PLC
Reference Number GA1-01032021-00126




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