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  • EDELTEQ (RM0.24), listing on 07 Jun 2023, closing on 17 May 2023, subscription rate 15,203%.
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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS ECOFIRST CONSOLIDATED BHD ("ECOFIRST" OR THE "COMPANY") PROPOSED ACQUISITION OF THE REMAINING 49% EQUITY INTEREST IN BCM HOLDINGS SDN BHD ("BCM") NOT OWNED BY ECOFIRST FOR A CASH CONSIDERATION OF RM78.4 MILLION ("PROPOSED BCM ACQUISITION")

ECOFIRST CONSOLIDATED BHD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description
ECOFIRST CONSOLIDATED BHD ("ECOFIRST" OR THE "COMPANY")

PROPOSED ACQUISITION OF THE REMAINING 49% EQUITY INTEREST IN BCM HOLDINGS SDN BHD ("BCM") NOT OWNED BY ECOFIRST FOR A CASH CONSIDERATION OF RM78.4 MILLION ("PROPOSED BCM ACQUISITION")

This announcement is dated 21 March 2023.

 

Reference is made to the Company’s earlier announcements dated 23 September 2022 and 4 November 2022, the circular to shareholders in relation to the Proposed BCM Acquisition dated 29 November 2022 (“Circular”) and the outcome of extraordinary general meeting dated 14 December 2022 in relation to the Proposed BCM Acquisition. Unless stated otherwise, abbreviations and definitions used throughout this announcement shall bear the same meaning as those defined in the Circular.

 

On behalf of the Board, Malacca Securities wishes to announce that EcoFirst and Mr Tan had vide an agreement dated 21 March 2023, mutually agreed to extend Cut-off Date for a further 6 months, from 23 March 2023 to 22 September 2023.

 

Save for the aforementioned, the rest of the terms of the SSA remains the same.






Announcement Info

Company Name ECOFIRST CONSOLIDATED BHD
Stock Name ECOFIRS
Date Announced 21 Mar 2023
Category General Announcement for PLC
Reference Number GA1-21032023-00019




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