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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS MAA GROUP BERHAD ("MAAG" OR THE "COMPANY") PROPOSED DISPOSAL

MAA GROUP BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
MAA GROUP BERHAD ("MAAG" OR THE "COMPANY")

PROPOSED DISPOSAL

The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the earlier announcements in relation to the Proposed Disposal.

We refer to the earlier announcements dated 15 November 2023, 21 December 2023, and 26 January 2024.

On behalf of the Board, UOBKH wishes to announce that the conditions precedent for Tranche 2 under the SSPA had been fulfilled, and that the purchase consideration of USD38.80 million in accordance with the terms of the SSPA had been satisfied on 3 May 2024. Accordingly, the closing of Tranche 2 of the Proposed Disposal had taken place on 3 May 2024.

 

This announcement is dated 6 May 2024.






Announcement Info

Company Name MAA GROUP BERHAD
Stock Name MAA
Date Announced 06 May 2024
Category General Announcement for PLC
Reference Number GA1-06052024-00036



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