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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS E.A. TECHNIQUE (M) BERHAD ("EATECH" OR THE "COMPANY") DISPOSAL OF A MARINE VESSEL, NAMELY NAUTICA MUAR TO ALPHA METALLUM DMCC FOR A CASH CONSIDERATION OF USD5.20 MILLION OR APPROXIMATELY RM23.52 MILLION

E.A.TECHNIQUE (M) BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
E.A. TECHNIQUE (M) BERHAD ("EATECH" OR THE "COMPANY")

DISPOSAL OF A MARINE VESSEL, NAMELY NAUTICA MUAR TO ALPHA METALLUM DMCC FOR A CASH CONSIDERATION OF USD5.20 MILLION OR APPROXIMATELY RM23.52 MILLION

Reference is made to the Company's announcements dated 5 August 2022 and 12 September 2022 together with the Company's circular to shareholders dated 26 August 2022 in relation to the proposed disposals of 3 marine vessels, namely Nautica Kota Tinggi, Nautica Maharani and Nautica Muar ("NMR").

 

On behalf of the Board of Directors of EATECH, Thinkat Advisory Sdn Bhd wishes to announce that the Company had on 9 March 2023 entered into a Memorandum of Agreement for the disposal of a marine vessel, namely NMR to Alpha Metallum DMCC for a cash consideration of USD5.20 million or approximately RM23.52 million ("NMR Disposal").

 

Please refer to the attachment for further details of the NMR Disposal.

 

This announcement is dated 9 March 2023.

 




Please refer attachment below.



Announcement Info

Company Name E.A.TECHNIQUE (M) BERHAD
Stock Name EATECH
Date Announced 09 Mar 2023
Category General Announcement for PLC
Reference Number GA1-09032023-00010



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