OTHERS FINTEC GLOBAL BERHAD ["FINTEC" or "the Company"] - ANNOUNCEMENT PURSUANT TO RULE 9.19 (27) OF THE ACE MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD

FINTEC GLOBAL BERHAD

Type Announcement
Subject OTHERS
Description
FINTEC GLOBAL BERHAD ["FINTEC" or "the Company"]
- ANNOUNCEMENT PURSUANT TO RULE 9.19 (27) OF THE ACE MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD

Pursuant to Rule 9.19(27) of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of FINTEC wishes to announce that its wholly-owned subsidiary, Asiabio Capital Sdn. Bhd. (“ABC”) and the Company, have on 16 November 2020 ceased to be substantial shareholders of GPA Holdings Berhad (“GPA”) due to the disposal of 49,000,000 shares of GPA (representing 70% of ABC’s total shareholdings in GPA) in open market (“Disposal”).

 

Subsequent to the Disposal, the indirect shareholdings of FINTEC and direct shareholdings of ABC in GPA are 2.14% respectively.

 

This announcement is dated 17 November 2020.






Announcement Info

Company Name FINTEC GLOBAL BERHAD
Stock Name FINTEC
Date Announced 17 Nov 2020
Category General Announcement for PLC
Reference Number GA1-17112020-00063