General Announcement for PLC

05/01/2021

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS SANICHI TECHNOLOGY BERHAD ("SANICHI" OR "THE COMPANY") ACQUISITION OF 50,765,800 ORDINARY SHARES IN BCM ALLIANCE BERHAD ("BCM") BY THE COMPANY PURSUANT TO RULE 9.19(26) AND RULE 10.02 OF THE ACE MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD

SANICHI TECHNOLOGY BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description 
SANICHI TECHNOLOGY BERHAD ("SANICHI" OR "THE COMPANY") 
ACQUISITION OF 50,765,800 ORDINARY SHARES IN BCM ALLIANCE BERHAD ("BCM") BY THE COMPANY PURSUANT TO RULE 9.19(26) AND RULE 10.02 OF THE ACE MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD

The Board of Directors of Sanichi wishes to announce that the Company had on 4 January 2021 acquired 50,765,800 ordinary shares in BCM for a purchase consideration of RM21,829,294 which represents 10.54% of the enlarged issued share capital in BCM.

 

Please refer to the attached Appendix for details of the announcement.

 

 

This announcement is dated 5 January 2021.


Please refer attachment below.

Attachments

STB - Appendix (BCM) (Bursa).pdf
130.7 kB


Announcement Info

Company Name SANICHI TECHNOLOGY BERHAD
Stock Name SANICHI
Date Announced 05 Jan 2021
Category General Announcement for PLC
Reference Number GA1-04012021-00167


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