MAA

0.390

+0.005 (+1.3%)

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS MAA GROUP BERHAD ("MAAG" OR THE "COMPANY") PROPOSED DISPOSAL

MAA GROUP BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
MAA GROUP BERHAD ("MAAG" OR THE "COMPANY")

PROPOSED DISPOSAL

The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the earlier announcements in relation to the Proposed Disposal.

We refer to the earlier announcements dated 15 November 2023 and 21 December 2023.

On behalf of the Board, UOBKH wishes to announce that the conditions precedent for Tranche 1 under the SSPA have been fulfilled, and that the purchase consideration of USD10.50 million in accordance with the terms of the SSPA has been satisfied to-date. Accordingly, the closing of Tranche 1 of the Proposed Disposal has taken place on 26 January 2024.

 

This announcement is dated 26 January 2024.






Announcement Info

Company Name MAA GROUP BERHAD
Stock Name MAA
Date Announced 26 Jan 2024
Category General Announcement for PLC
Reference Number GA1-26012024-00036