EUROSP

1.580

+0.08 (+5.3%)

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS EUROSPAN HOLDINGS BERHAD ("EHB" OR "COMPANY") (I) DISPOSAL OF DFSB; (II) DISPOSAL OF EFSB PROPERTIES; AND (III) TENANCY (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

EUROSPAN HOLDINGS BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description 
EUROSPAN HOLDINGS BERHAD ("EHB" OR "COMPANY")

(I) DISPOSAL OF DFSB;
(II) DISPOSAL OF EFSB PROPERTIES; AND
(III) TENANCY

(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
 
We refer to the announcements dated 24 August 2023, 20 November 2023 and 8 December 2023 in relation to the Proposals (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

On behalf of the Board, TA Securities wishes to announce that, in view that the Conditions Precedent under the SSA and SPA have yet to be fulfilled as at todate, the parties to the SSA and SPA, had on today, mutually agreed in writing for the following:

(i) the Company and the Purchasers had agreed to extend the Cut-Off Date to 24 June 2024 for the fulfilment of the Conditions Precedent as set out in the SSA; and

(ii) EFSB and DFSB had agreed to extend the Conditional Period to 24 July 2024 for the fulfilment of the Conditions Precedent as set out in the SPA.

Save for the above, all the other terms and conditions of the SSA and SPA shall remained unchanged.

This announcement is dated 23 February 2024.



Announcement Info

Company Name EUROSPAN HOLDINGS BERHAD
Stock Name EUROSP
Date Announced 23 Feb 2024
Category General Announcement for PLC
Reference Number GA1-23022024-00012


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