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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS SEAL INCORPORATED BERHAD ("SEAL" OR "COMPANY") PROPOSED ACQUISITION OF 100% EQUITY INTEREST OF DAIMAN MAJUMAS SDN BHD FOR A TOTAL PURCHASE CONSIDERATION OF RM17.00 MILLION TO BE SATISFIED VIA A COMBINATION OF CASH AND NEW ORDINARY SHARES IN SEAL ("PROPOSED ACQUISITION")

SEAL INCORPORATED BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
SEAL INCORPORATED BERHAD ("SEAL" OR "COMPANY")

PROPOSED ACQUISITION OF 100% EQUITY INTEREST OF DAIMAN MAJUMAS SDN BHD FOR A TOTAL PURCHASE CONSIDERATION OF RM17.00 MILLION TO BE SATISFIED VIA A COMBINATION OF CASH AND NEW ORDINARY SHARES IN SEAL ("PROPOSED ACQUISITION")

We refer to the announcements made on 2 January 2022, 6 January 2022, 21 March 2022, 5 April 2022, 26 April 2022, 12 May 2022 and 30 May 2022 in relation to the Proposed Acquisition (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

 

SEAL and the Vendors had on 30 August 2022 mutually agreed to extend the fulfilment date of the conditions precedent by another 3 months (i.e. by 30 November 2022). 

 

This announcement is dated 30 August 2022.






Announcement Info

Company Name SEAL INCORPORATED BERHAD
Stock Name SEAL
Date Announced 30 Aug 2022
Category General Announcement for PLC
Reference Number GA1-30082022-00082




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