FINTEC

0.135

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OTHERS FINTEC GLOBAL BERHAD ["FINTEC" or "the Company"] - ANNOUNCEMENT PURSUANT TO RULE 9.20 OF THE ACE MARKET LISTING REQUIREMENTS

FINTEC GLOBAL BERHAD

Type Announcement
Subject OTHERS
Description
FINTEC GLOBAL BERHAD ["FINTEC" or "the Company"] - ANNOUNCEMENT PURSUANT TO RULE 9.20 OF THE ACE MARKET LISTING REQUIREMENTS

Pursuant to Rule 9.20 of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, FINTEC GLOBAL BERHAD (“FINTEC” or “the Company”) wishes to announce that as at 11 April 2025, the aggregate value of quoted securities disposed by Asiabio Capital Sdn. Bhd. and Fintec Global Limited, the wholly-owned subsidiaries of the Company, that are principally involved in the investment in marketable securities, that has not been announced for the preceding twelve (12) months has exceeded 5% of FINTEC’s latest audited consolidated net assets as at 30 June 2024. The details of the investment in the quoted securities are as follows:-

 

   

RM

% of FINTEC's latest audited consolidated net assets

a.

Aggregate purchase consideration within the preceding twelve (12) months

-

-
     

b.

Aggregate sale consideration within the preceding twelve (12) months

12,559,655.94

5.27%
   

RM

c.

Investments in quoted securities as at 11 April 2025

  
 

- Total Cost

224,519,468.00
 

- Total Book Value

101,688,383.00
 

- Total Market Value

85,675,723.00
     

d.

Net Loss arising from the disposal of quoted securities by FINTEC Group during the current financial year ending 30 June 2025 (Sales proceeds less investment cost and incidental expenses)

RM1,376,836.80

 

The disposal of the quoted securities as announced were made within the period from 8 February 2024 to 10 April 2025.

 

This announcement is dated 11 April 2025.



Announcement Info

Company Name FINTEC GLOBAL BERHAD
Stock Name FINTEC
Date Announced 11 Apr 2025
Category General Announcement for PLC
Reference Number GA1-11042025-00063


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