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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, 30 May 2022 and 30 August 2022 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, TA Securities wishes to announce that the Company had on 21 September 2022 submitted an application to Bursa Securities seeking its approval for an extension of time of up to 4 April 2023 for the Company to complete the issuance of the Consideration Shares.

 

This announcement is dated 21 September 2022.






Announcement Info

Company Name SEAL INCORPORATED BERHAD
Stock Name SEAL
Date Announced 21 Sep 2022
Category General Announcement for PLC
Reference Number GA1-21092022-00045




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