TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS HANDAL RESOURCES BERHAD ("HRB" or "the Company") Share Sale Agreement ("SSA") with En. Yazaid Bin Yaakob and Cik Atiqah Ashad Durrah Binti Yazaid for disposal of 980,000 ordinary shares of RM1.00 representing the entire issued and paid up capital of Handcomms Sdn. Bhd. a wholly owned subsidiary of HRB.

HANDAL RESOURCES BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description
HANDAL RESOURCES BERHAD ("HRB" or "the Company")
Share Sale Agreement ("SSA") with En. Yazaid Bin Yaakob and Cik Atiqah Ashad Durrah Binti Yazaid for disposal of 980,000 ordinary shares of RM1.00 representing the entire issued and paid up capital of Handcomms Sdn. Bhd. a wholly owned subsidiary of HRB.

The Board of Directors of Handal Resources Berhad (“HRB”) wishes to announce that on 17 September 2015 HRB had entered into a Share Sale Agreement (“SSA”) with EN. YAZAID BIN YAAKOB and CIK ATIQAH ASHAD DURRAH BINTI YAZAID (“the Purchasers”) for the disposal of 980,000 ordinary shares of RM1.00 each for a total consideration of RM2.00 only (“the Purchase Price") representing the entire issued and paid up capital of Handscomms Sdn. Bhd. (Company No. 902193-P) (“HCSB”) a wholly owned subsidiary of HRB (“the Proposed Disposal”).

Please refer the attachment for the details on the announcement.

This announcement is dated 17 September 2015.




Please refer attachment below.



Announcement Info

Company Name HANDAL RESOURCES BERHAD
Stock Name HANDAL
Date Announced 17 Sep 2015
Category General Announcement for PLC
Reference Number GA1-17092015-00061