General Announcement for PLC

18/11/2021

MULTIPLE PROPOSALS COMINTEL CORPORATION BHD ("COMCORP" OR "COMPANY") I. PROPOSED DISPOSAL; AND II. PROPOSED DIVERSIFICATION (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

COMINTEL CORPORATION BHD

Type Announcement
Subject MULTIPLE PROPOSALS
Description
COMINTEL CORPORATION BHD ("COMCORP" OR "COMPANY")

I. PROPOSED DISPOSAL; AND

II. PROPOSED DIVERSIFICATION

(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

Unless otherwise stated, all definitions and terms used in this announcement shall have the same meanings as defined in Comcorp’s announcement dated 15 September 2021.

Reference is made to the announcements dated 15 September 2021 and 9 November 2021 in relation to the Proposals.

On behalf of the Board, PIVB wishes to announce that all the conditions precedent of the SSA in relation to the Proposed Disposal have been obtained/fulfilled or waived as at 18 November 2021. Accordingly, the SSA has become unconditional in accordance with its terms and conditions on 18 November 2021.

 

This announcement is dated 18 November 2021.






Announcement Info

Company Name COMINTEL CORPORATION BHD
Stock Name COMCORP
Date Announced 18 Nov 2021
Category General Announcement for PLC
Reference Number GA1-18112021-00088