General Announcement for PLC

12/03/2020

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS SUNZEN BIOTECH BERHAD ("Sunzen" or "the Company") - Settlement Agreement and Disposal of Shares in Amplio Ingredients Sdn. Bhd. ("Settlement")

SUNZEN BIOTECH BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description
SUNZEN BIOTECH BERHAD ("Sunzen" or "the Company")
- Settlement Agreement and Disposal of Shares in Amplio Ingredients Sdn. Bhd. ("Settlement")

Unless stated otherwise, the terms used herein shall carry the same meaning as those defined in the announcement dated 4 July 2019 in relation to the above Settlement.

 

Reference is made to the announcements dated 4 July 2019 and 9 July 2019.

 

The Board of Directors of Sunzen wishes to announce that the Company has received in full from the Purchaser the purchase consideration for the Sale Shares on 11 March 2020 and accordingly, the Sale Shares is completed.

 

This announcement is dated 12 March 2020.






Announcement Info

Company Name SUNZEN BIOTECH BERHAD
Stock Name SUNZEN
Date Announced 12 Mar 2020
Category General Announcement for PLC
Reference Number GA1-12032020-00022