Highlights:
add free Download App
premium Premium Account

Last Price Change Volume
KLSE Market Watch
Open: Day Range: Prev Close:


TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS TRANSOCEAN HOLDINGS BHD ("THB" OR THE "COMPANY") (I) PROPOSED ACQUISITION; AND (II) PROPOSED DIVERSIFICATION (COLLECTIVELY, THE "PROPOSALS")

TRANSOCEAN HOLDINGS BHD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
TRANSOCEAN HOLDINGS BHD ("THB" OR THE "COMPANY")

(I) PROPOSED ACQUISITION; AND
(II) PROPOSED DIVERSIFICATION

(COLLECTIVELY, THE "PROPOSALS")

(Unless otherwise stated or redefined, all abbreviations and definitions used herein shall have the same meanings as those used in the Company’s announcements dated 16 April 2021, 15 June 2021, 22 June 2021, 23 June 2021, 29 June 2021, 30 June 2021, 7 July 2021 and 21 July 2021 in relation to the Proposals (“Announcements”))

 

On behalf of the Board, M&A Securities wishes to announce that the Conditions Precedent of the SSA have been fulfilled. Accordingly, the SSA for the Proposed Acquisition has become unconditional on 30 August 2021 ("Unconditional Date").

 

Pursuant to the SSA, THB will satisfy the Purchase Consideration for the ESSB Sale Shares to the Vendor on the date being within 30 days from the Unconditional Date.

 

This announcement is dated 30 August 2021.






Announcement Info

Company Name TRANSOCEAN HOLDINGS BHD
Stock Name TOCEAN
Date Announced 30 Aug 2021
Category General Announcement for PLC
Reference Number GA1-30082021-00025




Close