TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS KHEE SAN BERHAD ("THE COMPANY" OR "KSB") HEADS OF AGREEMENT IN RELATION TO THE PROPOSED ACQUISITION OF THE EQUITY INTEREST IN ANY OF THE FOLLOWING COMPANIES ("HOA"):- (I) MOMENTUM STRIKE SDN BHD; (II) YEW FATT MARKETING SDN BHD; (III) YFM DISTRIBUTORS SDN BHD; AND/OR (IV) HC HIN MARKETING SDN BHD

KHEE SAN BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
KHEE SAN BERHAD ("THE COMPANY" OR "KSB")
HEADS OF AGREEMENT IN RELATION TO THE PROPOSED ACQUISITION OF THE EQUITY INTEREST IN ANY OF THE FOLLOWING COMPANIES ("HOA"):-
(I) MOMENTUM STRIKE SDN BHD;
(II) YEW FATT MARKETING SDN BHD;
(III) YFM DISTRIBUTORS SDN BHD; AND/OR
(IV) HC HIN MARKETING SDN BHD

The Board of Directors of KSB (“Board”) wishes to announce that the Company had on 11 September 2019, entered into a HOA with Wah Kong Corporation Sdn Bhd (“Vendor”) to negotiate on the proposed acquisition of the equity interest in any of the following subsidiary companies of the Vendor (“Proposed Acquisition”):-

(i) Momentum Strike Sdn Bhd;

(ii) Yew Fatt Marketing Sdn Bhd;

(iii) YFM Distributors Sdn Bhd; and/or

(iv) HC Hin Marketing Sdn Bhd.

 

Please refer to the attachment below for further details of the Proposed Acquisition.

 

This announcement is dated 11 September 2019.




Please refer attachment below.

Attachments

HOA - Proposed Acquisition.pdf
274.1 kB



Announcement Info

Company Name KHEE SAN BERHAD
Stock Name KHEESAN
Date Announced 11 Sep 2019
Category General Announcement for PLC
Reference Number GA1-11092019-00064