General Announcement for PLC

26/12/2019

OTHERS WIDAD GROUP BERHAD ("WIDAD" OR "COMPANY") CHANGE OF SPONSOR

WIDAD GROUP BERHAD

Type Announcement
Subject OTHERS
Description 
WIDAD GROUP BERHAD ("WIDAD" OR "COMPANY") 

CHANGE OF SPONSOR

The Board of Directors of Widad wishes to announce that the Company and Kenanga Investment Bank Berhad (“KIBB”) have mutually agreed on the non-renewal of KIBB’s services as the Sponsor of Widad upon the expiry of the current sponsorship agreement on 31 December 2019.

 

In replacement thereof, M & A Securities Sdn Bhd (15017-H) has been appointed as Widad’s new Sponsor effective from 1 January 2020.

 

This announcement is dated 26 December 2019.

 

 



Announcement Info

Company Name WIDAD GROUP BERHAD
Stock Name WIDAD
Date Announced 26 Dec 2019
Category General Announcement for PLC
Reference Number GA1-26122019-00041


Related Announcements for WIDAD
Date Title
16/08/2022 NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING WIDAD GROUP BERHAD ("WIDAD" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT
15/08/2022 NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING WIDAD GROUP BERHAD ("WIDAD" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT
09/08/2022 TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS WIDAD GROUP BERHAD ("WIDAD" OR THE "COMPANY") PROPOSED ACQUISITION OF 100% EQUITY INTEREST IN PALM SHORE HOLDINGS SDN BHD ("PSHSB") BY WIDAD CAPITAL SDN BHD ("WCSB"), A WHOLLY OWNED SUBSIDIARY OF WIDAD FROM NAWAWI BIN TAMBY ("NBT") AND MOHD GHAUTH BIN MOHD YUSOFF ("MGY") ("VENDORS") (INCLUDING REPAYMENT OF VENDORS ADVANCES) FOR A TOTAL CONSIDERATION OF RM35.00 MILLION TO BE SATISFIED IN CASH ("PROPOSED ACQUISITION")
03/08/2022 NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING WIDAD GROUP BERHAD ("WIDAD" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT
21/07/2022 NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING WIDAD GROUP BERHAD ("WIDAD" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT OF UP TO 259,250,000 NEW ORDINARY SHARES IN WIDAD
19/05/2022 WIDAD GROUP BERHAD ("WIDAD") PROPOSED ACQUISITION OF 100% EQUITY INTEREST IN PALM SHORE HOLDINGS SDN BHD ("PSHSB") BY WIDAD CAPITAL SDN BHD ("WCSB"), A WHOLLY OWNED SUBSIDIARY OF WIDAD (INCLUDING REPAYMENT OF VENDORS ADVANCES) FOR A TOTAL CONSIDERATION OF RM35.00 MILLION TO BE SATISFIED IN CASH ("PROPOSED ACQUISITION")
13/05/2022 TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS WIDAD GROUP BERHAD ("WIDAD" OR THE "COMPANY") PROPOSED ACQUISITION OF 100% EQUITY INTEREST IN PALM SHORE HOLDINGS SDN BHD ("PSHSB") BY WIDAD CAPITAL SDN BHD ("WCSB"), A WHOLLY OWNED SUBSIDIARY OF WIDAD FROM NAWAWI BIN TAMBY ("NBT") AND MOHD GHAUTH BIN MOHD YUSOFF ("MGY") ("VENDORS") (INCLUDING REPAYMENT OF VENDORS ADVANCES) FOR A TOTAL CONSIDERATION OF RM35.00 MILLION TO BE SATISFIED IN CASH ("PROPOSED ACQUISITION")
28/04/2022 TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS WIDAD GROUP BERHAD ("WIDAD" OR THE "COMPANY") EXTENSION OF HEADS OF AGREEMENT ("HOA") OF WIDAD CAPITAL SDN BHD ("WCSB"), A WHOLLY OWNED SUB-SUBSIDIARY OF WIDAD, WITH PALM SHORE HOLDINGS SDN BHD ("PSHSB"), NAWAWI BIN TAMBY ("NBT") AND MOHD GHAUTH BIN MOHD YUSOFF ("MGY") IN RESPECT OF THE PROPOSED ACQUISITION OF 100% EQUITY INTEREST IN PSHSB
21/04/2022 OTHERS PROPOSED RENEWAL OF SHAREHOLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE
13/04/2022 TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS WIDAD GROUP BERHAD ("WIDAD" OR THE "COMPANY") EXTENSION OF HEADS OF AGREEMENT ("HOA") OF WIDAD CAPITAL SDN BHD ("WCSB"), A WHOLLY OWNED SUB-SUBSIDIARY OF WIDAD, WITH PALM SHORE HOLDINGS SDN BHD ("PSHSB"), NAWAWI BIN TAMBY ("NBT") AND MOHD GHAUTH BIN MOHD YUSOFF ("MGY") IN RESPECT OF THE PROPOSED ACQUISITION OF 100% EQUITY INTEREST IN PSHSB