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

BackJan 24, 2025
Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description MYMBN BERHAD ("MYMBN" OR "COMPANY")

PROPOSED ACQUISITION OF 70.00% EQUITY INTEREST IN SWALLOWS HOUSE ENTERPRISE SDN. BHD. FROM GOH TIONG SHENG FOR A TOTAL CONSIDERATION OF RM2,588,000 ("PROPOSED ACQUISITION")

The Board of Directors of MYMBN Berhad ("Board") ("MYMBN") wishes to announce that MYMBN had on 24 January 2025 entered into a Share Sale and Purchase Agreement ("SSA") with Goh Tiong Sheng ("Vendor") to acquire 70 ordinary shares representing 70.00% of the enlarged issued share capital of Swallows House Enterprise Sdn Bhd ("SHESB") [Registration No. 201001028681 (912600-H)] ("Sale Shares") to be fully satisfied via cash consideration of RM2,588,000 ("Purchase Consideration") ("Proposed Acquisition").

 

Please refer to the attachment for further details on the Proposed Acquisition.

 

This announcement is dated 24 January 2025.

 

Please refer attachment below.


Announcement Info

Company Name MYMBN BERHAD
Stock Name MBN
Date Announced 24 Jan 2025
Category General Announcement for PLC
Reference Number GA1-24012025-00026

Attachments

  1. MYMBN_-_Announcement_(Proposed_Acquisition)_20250124.pdf (Size: 139,312 bytes)