The Board of Directors of Waja wishes to announce that the Company had on 10 April 2023 entered into a conditional share sale agreement with Liu Sai Sum, Ooi Jen Liang and Tan Chai Yoong for the proposed acquisition of 51,000 ordinary shares in Oceantec Sdn Bhd (“Oceantec”), representing 51% equity interest in Oceantec, for a cash consideration of RM2.55 million (“Proposed Oceantec Acquisition”)
Further details of the Proposed Oceantec Acquisition are set out in the enclosed attachment.
This announcement is dated 10 April 2023.