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DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : Dealings Outside Closed Period

INFOLINE TEC GROUP BERHAD

Subject Dealings Outside Closed Period

No Salutation Name Designation Description Of "Others" Designation
MR
CHOO WEI CHUEN
Executive Director
Type of Transaction Disposed
Description of "Others" Type of Transaction
Date of Transaction 11 Sep 2023
Description of Securities
Total Return Equity Swaps ("TRES") in respect of Ordinary Shares
No of Securities Transacted 14,285,000
% of Securities Transacted 3.933
Consideration Malaysian Ringgit (MYR) 9,999,500.000
MR
CHOO WEI CHUEN
Executive Director
Type of Transaction Disposed
Description of "Others" Type of Transaction
Date of Transaction 11 Sep 2023
Description of Securities
Ordinary Shares
No of Securities Transacted 5,000,000
% of Securities Transacted 1.377
Consideration Malaysian Ringgit (MYR) 3,550,000.000


Remarks :
1) Disposal of 5,000,000 ordinary shares via direct business transaction to institutional investors at a consideration of RM3,550,000.00.
2) Disposal of 14,285,000 ordinary shares to a financial institution pursuant to a Total Return Equity Swap ("TRES") agreement with the financial institution. 
3) This announcement is dated 15 September 2023.


Announcement Info

Company Name INFOLINE TEC GROUP BERHAD
Stock Name INFOTEC
Date Announced 15 Sep 2023
Category Dealings in Listed Securities (Chapter 14 of Listing Requirements)
Reference Number DLR-14092023-00005



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