General Announcement for PLC
12/08/2022TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS HEXTAR INDUSTRIES BERHAD ("HIB" OR THE "COMPANY") (A) PROPOSED ACQUISITION BY HIB FROM HEXTAR HOLDINGS SDN BHD OF 100% EQUITY INTEREST IN HEXTAR FERTILIZERS LIMITED FOR A TOTAL PURCHASE CONSIDERATION OF RM480.0 MILLION; AND (B) PROPOSED OFFER FOR SALE OF SUCH NUMBER OF CONSIDERATION SHARES TO INVESTORS TO BE IDENTIFIED (COLLECTIVELY, THE "PROPOSALS")
HEXTAR INDUSTRIES BERHAD |
Type | Announcement |
Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS |
Description | HEXTAR INDUSTRIES BERHAD ("HIB" OR THE "COMPANY") (A) PROPOSED ACQUISITION BY HIB FROM HEXTAR HOLDINGS SDN BHD OF 100% EQUITY INTEREST IN HEXTAR FERTILIZERS LIMITED FOR A TOTAL PURCHASE CONSIDERATION OF RM480.0 MILLION; AND (B) PROPOSED OFFER FOR SALE OF SUCH NUMBER OF CONSIDERATION SHARES TO INVESTORS TO BE IDENTIFIED (COLLECTIVELY, THE "PROPOSALS") |
Reference is made to the announcement on 8 August 2022 in relation to the Proposals ("Announcement”).
On behalf of the Company, M&A Securities Sdn Bhd wishes to announce that the additional listing application for the Proposed Acquisition (which includes the draft Circular for the Proposals) was submitted to Bursa Malaysia Securities Berhad on 12 August 2022.
This announcement is dated 12 August 2022. |
Announcement Info
Company Name | HEXTAR INDUSTRIES BERHAD |
Stock Name | HEXIND |
Date Announced | 12 Aug 2022 |
Category | General Announcement for PLC |
Reference Number | GA1-12082022-00038 |
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