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Transactions (Chapter 10 Of Listing Requirements) : Related Party Transactions

BackMay 08, 2018
Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description

BONIA COPORATION BERHAD ("BONIA" OR "COMPANY") PROPOSED DISPOSAL BY BONIA TO MR. CHIANG SANG SEM ("MR. CHIANG" OR "PURCHASER") OF ITS ENTIRE EQUITY INTEREST IN MAHA ASIA CAPITAL SDN BHD ("MAHA ASIA"), A WHOLLY-OWNED SUBSIDIARY OF BONIA ("PROPOSED DISPOSAL")

This announcement is dated 8 May 2018.

On behalf of the Board of Directors of Bonia (“Board”), AmInvestment Bank Berhad (“AmInvestment Bank”) wishes to announce that the Company had on 8 May 2018, entered into a conditional share sale agreement (“SSA”) with Mr. Chiang for the disposal of 500,000 ordinary shares in Maha Asia (“Sale Shares” or “Maha Asia Shares”) representing 100% equity interest in Maha Asia for purchase price as detailed in Section 2.3.2.

Please refer to the attachment.

 

 


Announcement Info

Company Name BONIA CORPORATION BERHAD
Stock Name BONIA
Date Announced 08 May 2018
Category General Announcement for PLC
Reference Number GA1-08052018-00103

 

 

Please refer attachment below.

Attachments

  1. Announcement_08.05.2018.pdf (Size: 285,778 bytes)