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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, 21 July 2021 and 30 August 2021 in relation to the Proposals (“Announcements”))

 

On behalf of the Board, M&A Securities wishes to announce that 20,000,000 new ordinary shares in THB ("New THB Shares") have been alloted and issued to the Vendor as consideration and the New THB Shares will be listed and quoted on the Main Market of Bursa Securities on 29 September 2021.

 

In addition, THB and the Vendor have completed their obligations under the SSA dated 16 April 2021, which marks the completion of the Proposed Acquisition.

 

This announcement is dated 28 September 2021.






Announcement Info

Company Name TRANSOCEAN HOLDINGS BHD
Stock Name TOCEAN
Date Announced 28 Sep 2021
Category General Announcement for PLC
Reference Number GA1-28092021-00092




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