The Board of Directors of ATTA wishes to announce that Atta Properties Sdn. Bhd. (“APSB” or “Purchaser”), a wholly-owned subsidiary of ATTA, had on 11 July 2018 entered into the following the Share Sale Agreements (“SSA”) with Chan Kok Leong (NRIC No. 710716-07-5005) and Leng Mei Kuan (NRIC No. 740103-07-5405) (collectively known as “Vendors”) for the

a) acquisition of 1,500,000 ordinary shares (“Sale Shares”) representing 100% of the issued share capital of Eminent Potential Sdn. Bhd. (“EMINENT”) for a cash consideration of RM4,000,000.00 (“Purchase Consideration”); and

b) acquisition of 1,500,000 ordinary shares (“Sale Shares”) representing 100% of the issued share capital of Scanrite Sdn. Bhd. (“SCANRITE”) for a cash consideration of RM2,000,000.00 (“Purchase Consideration”),

making up a total consideration of RM7,500,000.00 (“Aggregate Total Purchase Consideration”)

(herein referred to as “Proposed Acquisitions”).

Upon completion of the Proposed Acquisitions, EMINENT and SCANRITE will become a wholly owned subsidiaries of the APSB, a wholly owned subsidiary of ATTA.

Please refer to the attached file for the full text of the Announcement.

This announcement is dated 11 July 2018.

Please refer attachment below.
ATTA_Bursa_SSA_Eminent-Scanrite.pdf