General Announcement for PLC

20/12/2019

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS DIVERSIFIED GATEWAY SOLUTIONS BERHAD ("DGSB" OR "COMPANY") PROPOSED DISPOSAL OF 24,500 ORDINARY SHARES IN ISS CONSULTING (THAILAND) LTD ("PROPOSED DISPOSAL")

DIVERSIFIED GATEWAY SOLUTIONS BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
DIVERSIFIED GATEWAY SOLUTIONS BERHAD ("DGSB" OR "COMPANY")
PROPOSED DISPOSAL OF 24,500 ORDINARY SHARES IN ISS CONSULTING (THAILAND) LTD ("PROPOSED DISPOSAL")

Unless otherwise redefined, the definitions used in this announcement shall be the same as those defined in the earlier announcement(s) in relation to the Proposed Disposal.

 

Reference is made to DGSB’s announcement dated 30 October 2019 pertaining to the Proposed Disposal.

 

On behalf of the Board of DGSB, M&A Securities Sdn Bhd wishes to announce that the Company and itelligence AG had on 20 December 2019 mutually agreed to an extension of time of the expiry date from 6 months to 7 months from the date of the SSA (i.e. up to 4 February 2020) for the Company to fulfil the conditions precedent of the SSA signed on 4 July 2019.

 

This announcement is dated 20 December 2019.






Announcement Info

Company Name DIVERSIFIED GATEWAY SOLUTIONS BERHAD
Stock Name DGSB
Date Announced 20 Dec 2019
Category General Announcement for PLC
Reference Number GA1-20122019-00078