General Announcement for PLC
03/08/2022OTHERS JOE HOLDING BERHAD ("JOE" OR "THE COMPANY") - SALE AND PURCHASE AGREEMENT ENTERED INTO BETWEEN JOE GLOVE SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY AND FINTEC GLOVE SDN BHD
JOE HOLDING BERHAD |
Type | Announcement |
Subject | OTHERS |
Description | JOE HOLDING BERHAD ("JOE" OR "THE COMPANY") - SALE AND PURCHASE AGREEMENT ENTERED INTO BETWEEN JOE GLOVE SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY AND FINTEC GLOVE SDN BHD |
The Board of Directors (“Board”) of JOE wishes to announce that JOE Glove Sdn Bhd (“JOE Glove”), the wholly-owned subsidiary of the Company had on 3 August 2022 entered into a sale and purchase agreement (“SPA”) with FINTEC Glove Sdn Bhd (“FINTEC Glove”) for the proposed purchase of two (2) NBR/NR Powder Free Double Former Dipping Lines (“Machineries”) from Fintec Glove for a total contract price of Ringgit Malaysia Fourteen Million Four Hundred and Seventy Thousand (RM14,470,000) (“Contract Price”) only subject to the terms and conditions in the SPA (“Proposed Acquisition”).
Please refer to the attachment for further details.
This announcement is dated 3 August 2022.
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Please refer attachment below.
Attachments
JOE - Anncn SPA w FINTEC Glove.pdf
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Announcement Info
Company Name | JOE HOLDING BERHAD |
Stock Name | JOE |
Date Announced | 03 Aug 2022 |
Category | General Announcement for PLC |
Reference Number | GA1-03082022-00046 |