General Announcement for PLC
16/12/2015OTHERS 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 |