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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS SUNZEN BIOTECH BERHAD ("SUNZEN" OR THE "COMPANY") (I) ACQUISITION; AND (II) DIVERSIFICATION COLLECTIVELY, THE "PROPOSALS"

SUNZEN BIOTECH BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description
SUNZEN BIOTECH BERHAD ("SUNZEN" OR THE "COMPANY")

(I) ACQUISITION; AND
(II) DIVERSIFICATION

COLLECTIVELY, THE "PROPOSALS"

Unless otherwise stated, definitions used throughout this announcement shall carry the same meaning as those defined in the announcement dated 12 January 2021.

 

Reference is made to the announcements dated 12 January 2021, 5 February 2021, 1 March 2021, 5 April 2021 and 4 May 2021.

 

Pursuant to the SSA, the completion of the SSA for the Acquisition is to take place 14 days after the Unconditional Date or any extended date mutually agreed between the parties. As the Unconditional Date for the SSA was on 4 May 2021, the completion date for the SSA is to take place on 18 May 2021. The Company and the Vendors have on 17 May 2021, mutually agreed to extend the completion of the SSA for a further period of 14 days from 18 May 2021 i.e. until 1 June 2021.

 

This announcement is dated 17 May 2021.






Announcement Info

Company Name SUNZEN BIOTECH BERHAD
Stock Name SUNZEN
Date Announced 17 May 2021
Category General Announcement for PLC
Reference Number GA1-17052021-00066




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