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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS SEAL INCORPORATED BERHAD ("SEAL") - PROPOSED SUBSCRIPTION OF 20% EQUITY INTEREST IN MSR GREEN ENERGY SDN. BHD. BY SEAL ("PROPOSED MSRGE INVESTMENT")

SEAL INCORPORATED BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description
SEAL INCORPORATED BERHAD ("SEAL")
-  PROPOSED SUBSCRIPTION OF 20% EQUITY INTEREST IN MSR GREEN ENERGY SDN. BHD. BY SEAL ("PROPOSED MSRGE INVESTMENT")

Unless otherwise stated, all the abbreviations and definitions used herein shall have the same meanings as those used in the announcement dated 6 February 2024 in relation to the Proposed MSRGE Investment.

 

The Board of Directors of Seal (“Board”) wishes to announce that all the conditions precedent as set out in the Subscription Agreement have been fulfilled, met and/or waived as at 5 April 2024 and the Subscription Agreement has become unconditional on even date.

 

The Board wishes to also announce that the Proposed MSRGE Investment has been completed on 8 April 2024 in accordance with the terms and conditions of the Subscription Agreement.

 

Details of the announcement are set out in the file attached below.

 

This announcement is dated 8 April 2024.




Please refer attachment below.



Announcement Info

Company Name SEAL INCORPORATED BERHAD
Stock Name SEAL
Date Announced 08 Apr 2024
Category General Announcement for PLC
Reference Number GA1-08042024-00055



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