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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS FOCUS DYNAMICS GROUP BERHAD ("FOCUS" or the "Company") INVESTMENT IN SAUDEE GROUP BERHAD ("SAUDEE")

FOCUS DYNAMICS GROUP BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
FOCUS DYNAMICS GROUP BERHAD ("FOCUS" or the "Company")
INVESTMENT IN SAUDEE GROUP BERHAD ("SAUDEE")

The Board of Directors of Focus wishes to announce that Focus Dynamics Centre Sdn. Bhd., the wholly-owned subsidiary of the Company, had on 17 June 2021 subscribed 138,050,000 rights issue in Saudee, representing 19.37% of the issued and paid up capital of Saudee, at RM0.15 per share for a total cash consideration of RM20,707,500.00.

 

 Please refer to the full announcement and Press Release as attached. 

 

 This announcement is dated 21 June 2021.




Please refer attachment below.



Announcement Info

Company Name FOCUS DYNAMICS GROUP BERHAD
Stock Name FOCUS
Date Announced 21 Jun 2021
Category General Announcement for PLC
Reference Number GA1-18062021-00021




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