General Announcement for PLC

19/02/2020

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS WINTONI GROUP BERHAD (WINTONI OR THE COMPANY) DISPOSAL OF SUBSIDIARY WINTONI ENGINEERING 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 SUBSIDIARY WINTONI ENGINEERING 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 100% equity interests comprising of 2,000,000 ordinary shares  in WITNTONI ENGINEERING 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.


Announcement Info

Company Name WINTONI GROUP BERHAD
Stock Name WINTONI
Date Announced 19 Feb 2020
Category General Announcement for PLC
Reference Number GA1-19022020-00088


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