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

BackJul 28, 2023
Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description

MYMBN BERHAD ("MYMBN" OR "COMPANY")

ACQUISITION BY MYMBN OF UP TO 80.00% EQUITY INTEREST IN GUANGXI NAN YANG BIRDNEST (M) CO., LTD. FOR A TOTAL CASH CONSIDERATION OF RMB540,000.00 ("ACQUISITION")

We refer to the prospectus of MYMBN dated 30 June 2023 in relation to the MYMBN’s initial public offering (“Prospectus”). Unless otherwise stated, all abbreviations used in this announcement shall have the same meaning as defined in the Prospectus.

The Board wishes to announce that the Acquisition has been completed on 28 July 2023 in accordance with the terms and conditions of the Equity Transfer Agreement.

Hence, Guangxi Nan Yang has become an 80% owned subsidiary of MYMBN.

 

This announcement is dated 28 July 2023.

 


Announcement Info

Company Name MYMBN BERHAD
Stock Name MBN
Date Announced 28 Jul 2023
Category General Announcement for PLC
Reference Number GA1-28072023-00037