General Announcement for PLC

30/05/2022

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS JOE HOLDING BERHAD ("JOE" OR "THE COMPANY") - ACQUISITION OF QUOTED SECURITIES IN BIOALPHA HOLDINGS BERHAD BY JOE HOLDING (M) INVESTMENT LIMITED, A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY

JOE HOLDING BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description 
JOE HOLDING BERHAD ("JOE" OR "THE COMPANY")
- ACQUISITION OF QUOTED SECURITIES IN BIOALPHA HOLDINGS BERHAD BY JOE HOLDING (M) INVESTMENT LIMITED, A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY

The Board of Directors of JOE (“Board”) wishes to announce that JOE Holding (M) Investment Limited (“JOE Limited”), a wholly-owned subsidiary of the Company had on 27 May 2022 acquired a total of 150,000,000 ordinary shares in Bioalpha Holdings Berhad (“Bioalpha”) for a total purchase consideration of RM45,000,000 which representing 12.40% of the existing total number of issued shares in Bioalpha (“the Acquisition”).

 

Please refer to the attachment for further details.

 

This announcement is dated 30 May 2022.


Please refer attachment below.


Announcement Info

Company Name JOE HOLDING BERHAD
Stock Name JOE
Date Announced 30 May 2022
Category General Announcement for PLC
Reference Number GA1-30052022-00054


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