General Announcement for PLC
19/02/2020TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS WINTONI GROUP BERHAD (WINTONI OR THE COMPANY) DISPOSAL OF 60% SUBSIDIARY SYSCOMP TECHNOLOGY SDN BHD
WINTONI GROUP BERHAD |
Type | Announcement |
Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
Description | WINTONI GROUP BERHAD (WINTONI OR THE COMPANY) DISPOSAL OF 60% SUBSIDIARY SYSCOMP TECHNOLOGY SDN BHD |
The Board of Directors (“Directors”) of wishes to announce that the Company had on 19 February 2020 entered into a Shares Sales Agreement (“SSA”) with TAN TECK ENG (“the Purchaser”) to dispose of its 60% equity interests comprising of 234,000 ordinary shares in SYSCOMP TECHONOLGY SDN. BHD., a subsidiary of the Company, for a total cash consideration of RINGGIT MALAYSIA ONE ONLY (RM1.00)( “Disposal”).
Please refer to the attachment for further details.
This announcement is dated 19 February 2020. |
Please refer attachment below.
Attachments
Wintoni Group Berhad - Announcement- Disposal of Subsidiary- SYSCOMP.pdf
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Announcement Info
Company Name | WINTONI GROUP BERHAD |
Stock Name | WINTONI |
Date Announced | 19 Feb 2020 |
Category | General Announcement for PLC |
Reference Number | GA1-19022020-00086 |
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