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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS CENSOF HOLDINGS BERHAD ("CHB" OR "COMPANY") - PROPOSED DISPOSAL BY CHB OF 51% EQUITY INTEREST IN CENDEE SDN BHD ("CDSB") FOR A TOTAL CASH CONSIDERATION OF RM13,260 ("PROPOSED DISPOSAL")

CENSOF HOLDINGS BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description
CENSOF HOLDINGS BERHAD ("CHB" OR "COMPANY") - PROPOSED DISPOSAL BY CHB OF 51% EQUITY INTEREST IN CENDEE SDN BHD ("CDSB") FOR A TOTAL CASH CONSIDERATION OF RM13,260 ("PROPOSED DISPOSAL")

Further to the annoucements made on 29 July 2021 pertaining to the Proposed Disposal by CHB of 51% equity interest in CDSB for a total cash consideration of RM13,260, the Company wishes to announce that all conditions precedent as stated in the Share Sale and Purchase Agreement ("SSPA") has been fullfilled hence, 153,000 Ordinary Shares has been duly transferred to Semantan Capital Sdn Bhd.

 

With the completion of the Proposed Disposal, CDSB will cease to be a subsidiary of CHB.

 

This announcement dated 28 September 2021.






Announcement Info

Company Name CENSOF HOLDINGS BERHAD
Stock Name CENSOF
Date Announced 28 Sep 2021
Category General Announcement for PLC
Reference Number GA1-28092021-00030




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