Investor Relations

Transactions (Chapter 10 Of Listing Requirements) : Related Party Transactions
BackAug 29, 2023
Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description JAYA TIASA HOLDINGS BERHAD ("JTH" OR "COMPANY")

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

We refer to the Company's announcements dated 4 July 2023 and 31 July 2023 in relation to the Acquisition ("Announcements") . Unless otherwise stated, the definitions used herein shall have the same meaning as defined in the Announcements.

 

The Board wishes to announce that the Acquisition has been completed today following the payment of the Balance Sum on 29 August 2023 in accordance with the terms and conditions of the SSA.

 

This announcement is dated 29 August 2023.


Announcement Info

Company Name JAYA TIASA HOLDINGS BHD
Stock Name JTIASA
Date Announced 29 Aug 2023
Category General Announcement for PLC
Reference Number GA1-29082023-00024