TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS PEGASUS HEIGHTS BERHAD ("PHB" OR THE "COMPANY") (I) PROPOSED ACQUISITION OF THE BUSINESS OF CHINPAKLOONG ARCHITECT FROM CHIN PAK LOONG FOR A PURCHASE CONSIDERATION OF RM16.0 MILLION ("PROPOSED ACQUISITION"); AND (II) PROPOSED DIVERSIFICATION INTO ARCHITECTURAL BUSINESS ("PROPOSED DIVERSIFICATION"). (COLLECTIVELY REFERRED TO AS "PROPOSALS")

PEGASUS HEIGHTS BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
PEGASUS HEIGHTS BERHAD ("PHB" OR THE "COMPANY")

(I)	PROPOSED ACQUISITION OF THE BUSINESS OF CHINPAKLOONG ARCHITECT FROM CHIN PAK LOONG FOR A PURCHASE CONSIDERATION OF RM16.0 MILLION ("PROPOSED ACQUISITION"); AND

(II)	PROPOSED DIVERSIFICATION INTO ARCHITECTURAL BUSINESS ("PROPOSED DIVERSIFICATION").

(COLLECTIVELY REFERRED TO AS "PROPOSALS")

On behalf of the Board of Directors of PHB, TA Securities Holdings Berhad wishes to announce that the Company proposes to undertake the Proposals. Please refer to the attachment for further details.

This announcement is dated 31 October 2019.




Please refer attachment below.

Attachments

PHB - Announcement.pdf
546.6 kB



Announcement Info

Company Name PEGASUS HEIGHTS BERHAD
Stock Name PHB
Date Announced 31 Oct 2019
Category General Announcement for PLC
Reference Number GA1-31102019-00083