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OTHERS NETX HOLDINGS BERHAD - ACQUISITION OF SHARES IN MLABS SYSTEMS BERHAD

NETX HOLDINGS BERHAD

Type Announcement
Subject OTHERS
Description
NETX HOLDINGS BERHAD 
- ACQUISITION OF SHARES IN MLABS SYSTEMS BERHAD

The Board of Directors of NETX Holdings Berhad (“NETX” or “the Company”) wishes to announce that First United Technology Ltd (“FUTL”), a subsidiary of the Company, had on 15 September 2021 acquired 80,000,000 ordinary shares of MLABS Systems Berhad (“MLABS”) from the open market, representing 5.52% of the total issued share capital of MLABS, for a total purchase consideration of approximately RM3,600,000 (“Investment”). In connection therewith, the Company and FUTL are deemed to be a substantial shareholders of MLABS on 15 September 2021.

 

Please refer to the attachment for details of announcement. 

 

This announcement is dated 17 September 2021. 




Please refer attachment below.



Announcement Info

Company Name NETX HOLDINGS BERHAD
Stock Name NETX
Date Announced 17 Sep 2021
Category General Announcement for PLC
Reference Number GA1-17092021-00096




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