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 XL HOLDINGS BERHAD (FORMERLY KNOWN AS XIAN LENG HOLDINGS BERHAD) ("XL" OR "COMPANY") PROPOSED ACQUISITION

XL HOLDINGS BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
XL HOLDINGS BERHAD (FORMERLY KNOWN AS XIAN LENG HOLDINGS BERHAD) ("XL" OR "COMPANY")

PROPOSED ACQUISITION

On behalf of the Board of Directors of XL (“Board”), Mercury Securities Sdn Bhd (“Mercury Securities”) wishes to announce that the Company proposes to undertake a proposed acquisition of 100% equity interest in Ergobumi Sdn Bhd (“Ergobumi”), comprising 500,000 ordinary shares in Ergobumi, from Lee Kok Soon and Edmund Chan Seng Kee (collectively referred to as “Vendors”) for a total cash consideration of RM40.00 million (“Proposed Acquisition”).

 

Please refer to the attachment for further details on the Proposed Acquisition.

 

This announcement is dated 3 September 2021.




Please refer attachment below.

Attachments

XL - Announcement.pdf
1.3 MB



Announcement Info

Company Name XL HOLDINGS BERHAD
Stock Name XL
Date Announced 03 Sep 2021
Category General Announcement for PLC
Reference Number GA1-03092021-00027




Close