TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS BERJAYA CORPORATION BERHAD ("BCORPORATION" OR "COMPANY") PROPOSED DISPOSAL OF THE ENTIRE 100% STAKE IN BERJAYA ENVIRO HOLDINGS SDN BHD
| BERJAYA CORPORATION BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS |
| Description | BERJAYA CORPORATION BERHAD ("BCORPORATION" OR "COMPANY")
PROPOSED DISPOSAL OF THE ENTIRE 100% STAKE IN BERJAYA ENVIRO HOLDINGS SDN BHD |
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Reference is made to the Company’s announcements dated 17 July 2023, 1 November 2023, 10 November 2023, 30 November 2023, 29 December 2023, 10 January 2024, 18 January 2024 and 2 February 2024 in relation to the Proposed Disposal.
On behalf of the Board of Directors of BCorporation, AmInvestment Bank Berhad wishes to announce that all the conditions precedent as set out in the share sale agreement (“SSA”) have been fulfilled following the Energy Commission Malaysia’s approval letter dated 27 February 2024 to Berjaya Energies Sdn Bhd. The Proposed Disposal is expected to be completed upon settlement of the purchase consideration in accordance with the SSA.
This Announcement is dated 5 March 2024. |
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Announcement Info
| Company Name | BERJAYA CORPORATION BERHAD |
| Stock Name | BJCORP |
| Date Announced | 05 Mar 2024 |
| Category | General Announcement for PLC |
| Reference Number | GA1-28022024-00049 |