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")

We refer to the announcement made on 31 October 2019 in relation to the Proposals (“Announcement”). Unless otherwise defined, the definitions set out in the Announcement shall apply herein.

On behalf of PHB, TA Securities wishes to announce that an application to Bursa Securities for the listing of and quotation for the Consideration Shares on the Main Market of Bursa Securities has been submitted on 1 November 2019.

This announcement is dated 1 November 2019.






Announcement Info

Company Name PEGASUS HEIGHTS BERHAD
Stock Name PHB
Date Announced 01 Nov 2019
Category General Announcement for PLC
Reference Number GA1-01112019-00053