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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS XL 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 ("XL" OR "COMPANY")

PROPOSED ACQUISITION
We refer to the announcements made on 3 September 2021, 16 November 2021, 17 November 2021 and 2 December 2021 in relation to the Proposed Acquisition (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

On behalf of the Board, Mercury Securities wishes to announce that the Company had on 2 December 2021 entered into a letter of extension with the Vendors to extend the period for the fulfilment of the conditions precedent under the SAA until 15 February 2022, commencing from 3 December 2021 (“Extension of the SAA Conditional Period”).

Save and except for the Extension of the SAA Conditional Period, all other terms of the SAA shall remain valid and in full force.

This announcement is dated 2 December 2021.





Announcement Info

Company Name XL HOLDINGS BERHAD
Stock Name XL
Date Announced 02 Dec 2021
Category General Announcement for PLC
Reference Number GA1-02122021-00060




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