TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS EP MANUFACTURING BHD ("EPMB" OR THE "COMPANY") DISPOSAL OF 70% EQUITY INTEREST IN EP BLUESHARK SDN BHD BY EP EQUITY SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF EPMB, TO EN. AHMAD RAZLAN BIN MOHAMED, GROUP CHIEF EXECUTIVE OFFICER OF EPMB
| EP MANUFACTURING BHD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS |
| Description | EP MANUFACTURING BHD ("EPMB" OR THE "COMPANY")
DISPOSAL OF 70% EQUITY INTEREST IN EP BLUESHARK SDN BHD BY EP EQUITY SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF EPMB, TO EN. AHMAD RAZLAN BIN MOHAMED, GROUP CHIEF EXECUTIVE OFFICER OF EPMB |
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The Board of Directors of EPMB wishes to announce that EP Equity Sdn Bhd [Company No. 201201011458 (984975-P)], a wholly-owned subsidiary of EPMB, had on 18 October 2023 entered into a Share Sale Agreement with En. Ahmad Razlan Bin Mohamed for the disposal of 1,750,000 ordinary shares in EP Blueshark Sdn Bhd [Company No. 202201011875 (1457572-U)], representing 70% equity interests thereof for cash consideration of RM1.00.
Please refer to the attachment for further details.
This anouncement is dated 18 October 2023. |
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Please refer attachment below.
Announcement Info
| Company Name | EP MANUFACTURING BHD |
| Stock Name | EPMB |
| Date Announced | 18 Oct 2023 |
| Category | General Announcement for PLC |
| Reference Number | GA1-18102023-00022 |