General Announcement for PLC
30/11/2016TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS TECHNODEX BERHAD ("TDEX" OR "THE COMPANY") (I) PROPOSED ACQUISITION OF AN ADDITIONAL 42% EQUITY INTEREST BY TDEX IN IDEALSEED RESOURCES SDN BHD ("IDEALSEED") FOR A TOTAL PURCHASE CONSIDERATION OF RM2,677,500 ("PROPOSED ACQUISITION I"); AND (II) PROPOSED ACQUISITION OF THE REMAINING 50% EQUITY INTEREST IN SURFSTEK RESOURCES (R&D) SDN BHD ("SURFSTEK R&D") BY TDEX FOR A TOTAL PURCHASE CONSIDERATION OF RM13,455,000 ("PROPOSED ACQUISITION II") (COLLECTIVELY, THE "PROPOSED ACQUISITIONS")
| TECHNODEX BHD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | TECHNODEX BERHAD ("TDEX" OR "THE COMPANY")
(I) PROPOSED ACQUISITION OF AN ADDITIONAL 42% EQUITY INTEREST BY TDEX IN IDEALSEED RESOURCES SDN BHD ("IDEALSEED") FOR A TOTAL PURCHASE CONSIDERATION OF RM2,677,500 ("PROPOSED ACQUISITION I"); AND
(II) PROPOSED ACQUISITION OF THE REMAINING 50% EQUITY INTEREST IN SURFSTEK RESOURCES (R&D) SDN BHD ("SURFSTEK R&D") BY TDEX FOR A TOTAL PURCHASE CONSIDERATION OF RM13,455,000 ("PROPOSED ACQUISITION II")
(COLLECTIVELY, THE "PROPOSED ACQUISITIONS") |
|
We refer to the announcements dated 2 and 7 November 2016 in relation to the Proposed Acquisitions (“Announcements”).
Unless otherwise stated, definitions used in this announcement shall carry the same meaning as defined in the Company’s Announcements.
On behalf of the Board of Directors of TDEX, TA Securities Holdings Berhad wishes to announce that the listing application in relation to the Proposed Acquisitions has been submitted to Bursa Malaysia Securities Berhad on 30 November 2016.
This announcement is dated 30 November 2016. |
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Announcement Info
| Company Name | TECHNODEX BHD |
| Stock Name | TDEX |
| Date Announced | 30 Nov 2016 |
| Category | General Announcement for PLC |
| Reference Number | GA1-30112016-00125 |
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