Settlement agreement and profit guarantee payment and disposal of 23.993% equity interest in Fotokem Sdn Bhd ("Fotokem")
|M3 TECHNOLOGIES (ASIA) BERHAD|
|Type||Reply to Query|
|Reply to Bursa Malaysia's Query Letter - Reference ID||IQL-09062016-00005|
|Subject||Settlement agreement and profit guarantee payment and disposal of 23.993% equity interest in Fotokem Sdn Bhd ("Fotokem")|
M3 TECHNOLOGIES (ASIA) BERHAD ("M3" OR "THE COMPANY") SETTLEMENT AGREEMENT ON PROFIT GUARANTEE PAYMENT AND DISPOSAL OF 23.993% EQUITY INTEREST IN FOTOKEM SDN BHD BY M3 FOR A TOTAL CASH CONSIDERATION OF RM5,998,438
|Query Letter Contents||
We refer to your Company’s announcement dated 7 June 2016 in respect of the aforesaid matter.
In this connection, kindly furnish Bursa Securities with the following additional information for public release:-
Please furnish Bursa Securities with your reply within one (1) market day from the date hereof.
TAN YEW ENG
Cc : Market Surveillance Dept., Securities Commission (via fax)
We refer to Bursa Malaysia Securities Berhad’s query letter dated 9 June 2016 on the above matter and furnish below the additional information as requested.
Please refer attachment below.
|Company Name||M3 TECHNOLOGIES (ASIA) BERHAD|
|Date Announced||13 Jun 2016|
|Category||General Announcement for PLC|