• RM576 Save up to RM288 with the Yearly Premium Plan (Limited Time Only)
  • RM480 Save up to RM240 with the Yearly Advanced Plan (Limited Time Only)
Subscribe Now
premium Subscription Plan
add free StockBiz
YouTube MS Production

Last Price Change Volume
KLSE Market Watch
Open: Day Range: Prev Close:


TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS Bonia Corporation Berhad - Share Sale Agreement

BONIA CORPORATION BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description
Bonia Corporation Berhad - Share Sale Agreement

The Board of Directors of Bonia Corporation Berhad ("Bonia" or “Company” or “Vendor”, and references to “Bonia Group” or “Group” are to Bonia and our subsidiaries) wishes to inform that the Company had on 21 June 2023, inked a conditional Share Sale Agreement (“SSA” or “Agreement”) with a related party, Remarkable Success Sdn. Bhd. (“RSSB” or “Purchaser”) to dispose 30% of our equity interest (equivalent to 60,298,537 ordinary shares in issue of SBG, “Sale Shares”) held in SBG Holdings Sdn. Bhd. (“SBG”, a wholly-owned subsidiary of Bonia, and references to “SBG Group” is to SBG and its subsidiaries) to RSSB at a disposal consideration of RM17,597,330.00 (“Disposal Consideration”) to be satisfied entirely in cash (collectively, “Disposal”).

 

Please refer to the attachment for the full text of this announcement including, but not limited to, the details of the Disposal.

 

This announcement is dated 21 June 2023.




Please refer attachment below.



Announcement Info

Company Name BONIA CORPORATION BERHAD
Stock Name BONIA
Date Announced 21 Jun 2023
Category General Announcement for PLC
Reference Number GA1-20062023-00025



Close
New Feature
MS Academy
AI StockMaster. Beat The Market! Checking MS Signal
DETECT REAL-TIME STOCK MOVEMENT
X
(InvestorPro Plan Only)
Complimentary access on Premium Plan*
What is AI StockMaster?
Window Alert On-Screen Alert X
X