Type | Announcement |
Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS |
Description |
PROPOSED ACQUISITION BY JAYA TIASA HOLDINGS BERHAD OF 55% EQUITY INTEREST IN WEALTH HOUSES DEVELOPMENT SDN BHD FOR A CASH CONSIDERATION OF RM52,250,000 |
The Board of Directors of Jaya Tiasa Holdings Berhad ("the Company") wishes to announce that the Company has on 4 July 2023 entered into a conditional Share Sale Agreement with Tiong Toh Siong Holdings Sdn Bhd, Tiong Toh Siong Enterprises Sdn Bhd and Knightbridge Venture Sdn Bhd to acquire 825,000 ordinary shares representing 55% equity interest in Wealth Houses Development Sdn Bhd for a cash consideration of RM52,250,000.
Please refer to the attachment for details of the announcement.
This announcement is dated 4 July 2023. |
Please refer attachment below.
Company Name | JAYA TIASA HOLDINGS BHD |
Stock Name | JTIASA |
Date Announced | 04 Jul 2023 |
Category | General Announcement for PLC |
Reference Number | GA1-04072023-00082 |
Attachments