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OTHERS MEMORANDUM OF UNDERSTANDING FOR THE PROPOSED ACQUISITION BY BINTAI OF 100% EQUITY INTEREST IN JOHNSON MEDICAL INTERNATIONAL SDN BHD ("JMI") ("PROPOSED ACQUISITION")

BINTAI KINDEN CORPORATION BERHAD

Type Announcement
Subject OTHERS
Description
MEMORANDUM OF UNDERSTANDING FOR THE PROPOSED ACQUISITION BY BINTAI OF 100% EQUITY INTEREST IN JOHNSON MEDICAL INTERNATIONAL SDN BHD ("JMI") ("PROPOSED ACQUISITION")

On behalf of the Board of Directors of Bintai, M&A Securities Sdn Bhd wishes to announce that Bintai had on 12 April 2021 entered into a memorandum of understanding with JMI with the intention to acquire the entire equity interest in JMI from Yeo Eng Lam for a purchase consideration of RM50.0 million ("MOU").

 

Please refer to the attachment for further details of the MOU.

 

This announcement is dated 12 April 2021.




Please refer attachment below.

Attachments

Bintai - MOU announcement.pdf
341.8 kB



Announcement Info

Company Name BINTAI KINDEN CORPORATION BERHAD
Stock Name BINTAI
Date Announced 12 Apr 2021
Category General Announcement for PLC
Reference Number GA1-12042021-00093




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