We refer to the Company’s announcements made on 24 February 2022, 1 April 2022, 26 May 2022, 10 June 2022, 27 June 2022, 14 July 2022, 15 July 2022, 20 July 2022 and 18 October 2022 in relation to the Acquisition (“Announcements”). Unless otherwise defined, all defined terms and abbreviations used in this announcement shall carry the same meaning as those previously defined in the Announcements.
On behalf of the Board, Mercury Securities wishes to announce that AP F&B and the Vendors had, vide an exchange of letter dated 11 January 2023, mutually agreed to extend the payment date for part of the Cash Consideration amounting to RM6.5 million from 19 January 2023 to 19 July 2023. For avoidance of doubt, save as disclosed above, all other terms and conditions of the SSA remain unchanged.
This announcement is dated 11 January 2023.