General Announcement for PLC

16/12/2015

OTHERS TALAM TRANSFORM BERHAD ("TTB" or "the Company") CONDITIONAL SHARE SALE AGREEMENT DATED 17 OCTOBER 2014 AND SUPPLEMENTAL AGREEMENT DATED 28 AUGUST 2015 BETWEEN KUMPULAN EUROPLUS BERHAD AND TAN SRI DATO' (DR) IR CHAN AH CHYE @ CHAN CHONG YOON

TALAM TRANSFORM BERHAD

Type Announcement
Subject OTHERS
Description
TALAM TRANSFORM BERHAD ("TTB" or "the Company")
CONDITIONAL SHARE SALE AGREEMENT DATED 17 OCTOBER 2014 AND SUPPLEMENTAL AGREEMENT DATED 28 AUGUST 2015 BETWEEN KUMPULAN EUROPLUS BERHAD AND TAN SRI DATO' (DR) IR CHAN AH CHYE @ CHAN CHONG YOON

Further to our announcement made on 28 August 2015, the Company has been informed today by Tan Sri Dato’ (Dr) Ir Chan Ah Chye @ Chan Chong Yoon (“TSDCAC”), a Director and substantial shareholder of the Company, that Kumpulan Europlus Berhad (“KEB”) and TSDCAC have via a letter dated 16 December 2015 agreed to extend the Unconditional Date to fulfil the conditions precedent of the conditional share sale agreement in relation to the proposed disposal of 900,000,000 ordinary shares of RM0.20 each in TTB representing 21.34% of the issued and paid-up share capital of TTB, by KEB to TSDCAC for a total cash consideration of approximately RM80.50 million, for a further two (2) months period from 16 December 2015 to 16 February 2016.

This announcement is dated 16 December 2015.






Announcement Info

Company Name TALAM TRANSFORM BERHAD
Stock Name TALAMT
Date Announced 16 Dec 2015
Category General Announcement for PLC
Reference Number GA1-16122015-00073


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