BURSA ANNOUNCEMENTS
TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS - ACQUISITION OF 100% EQUITY INTEREST IN CLIMATE ATTITUDE SDN. BHD. BY ATTA GLOBAL GROUP BERHAD ("ATTA" or "the COMPANY")
Type | Announcement |
Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
Description | ACQUISITION OF 100% EQUITY INTEREST IN CLIMATE ATTITUDE SDN. BHD. BY ATTA GLOBAL GROUP BERHAD ("ATTA" or "the COMPANY") |
The Board of Directors of ATTA wishes to announce that on 19 August 2019, the Company (“the Purchaserâ€) has entered into a Share Sale Agreement (“SSAâ€) with Climate Attitude Sdn. Bhd. (1194032-U) (“the Vendorâ€) for the acquisition of 2 ordinary shares (“Sale Sharesâ€) representing 100% equity interest in CLIMATE ATTITUDE SDN. BHD. (“CMASBâ€) for
a cash consideration of RM2.00;and
an agreed sum of RM23,999,998.00 as full settlement of total amount owing by CMASB to the Director
making a total purchase consideration of RM24,000,000.
(herein referred to as "Proposed Acquisition")
Upon completion of the Proposed Acquisition, CMASB will become a wholly owned subsidiary of ATTA.
Please refer to the attached files for the full text of the Annoncement and Valuation Letter C H Williams Talhar & Wong Sdn Bhd dated 21 May 2019.
This announcement is dated 20 August 2019.
ATTA - Valuation Report dated 21.05.2019.pdf
ATTA - Acquisition of CMASB-final.pdf
ANNOUNCEMENT INFO
Reference No | GA1-09082019-00030 |
Company Name: | ATTA GLOBAL GROUP BERHAD |
Stock Name: | ATTA |
Date Announces: | 20 Aug 2019 |
Category: | General Announcement for PLC |