General Announcement for PLC
18/05/2022OTHERS XOX BHD - PROPOSED ACQUISITION OF SHARES IN PERAK FC SDN. BHD.
XOX BHD |
Type | Announcement |
Subject | OTHERS |
Description | XOX BHD - PROPOSED ACQUISITION OF SHARES IN PERAK FC SDN. BHD. |
Reference is made to the Company’s announcement made on 29 April 2022 in relation Memorandum of Understanding entered with Impact Media & Communication Sdn. Bhd. (“Impact Media” or “the Vendor”) for the proposed acquisition of 2,500 ordinary shares (“Sale Shares”), representing 100% equity interest in Perak FC Sdn. Bhd. (“Perak FC”) for a total purchase consideration of RM1.00 only (“Proposed Acquisition”).
The Board of Directors of XOX Bhd (“XOX” or “the Company”) wishes to announce that XOX Pro Sport Sdn. Bhd., (“the Purchaser”), a wholly-owned subsidiary of the Company had on 17 May 2022 entered into a Share Sale Agreement (“SSA”) with Impact Media for the Proposed Acquisition.
Further details of the Proposed Acquisition are set out in the attachment herein.
This announcement is dated 18 May 2022.
|
Please refer attachment below.
Attachments
XOX- Proposed Acquisition of Shares in Perak FC Sdn Bhd.pdf
|
Announcement Info
Company Name | XOX BHD |
Stock Name | XOX |
Date Announced | 18 May 2022 |
Category | General Announcement for PLC |
Reference Number | GA1-18052022-00013 |