Investor Relations

Transactions (Chapter 10 Of Listing Requirements) : Related Party Transactions
BackJul 31, 2023
Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description

JAYA TIASA HOLDINGS BERHAD ("JTH" OR "COMPANY")

PROPOSED ACQUISITION BY JTH OF 55% EQUITY INTEREST IN WEALTH HOUSES DEVELOPMENT SDN BHD FOR A CASH CONSIDERATION OF RM52,250,000 ("PROPOSED ACQUISITION")

We refer to the Company's announcement dated 4 July 2023 in relation to the Proposed Acquisition ("Announcement"). Unless otherwise stated, the definitions used herein shall have the same meaning as defined in the Announcement.

 

The Board wishes to announce that all the conditions precedent of the Share Sale Agreement have been fulfilled. Pursuant thereto, the Share Sale Agreement has become unconditional on 31 July 2023.

 

This announcement is dated 31 July 2023.


Announcement Info

Company Name JAYA TIASA HOLDINGS BHD
Stock Name JTIASA
Date Announced 31 Jul 2023
Category General Announcement for PLC
Reference Number GA1-31072023-00005