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|
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.
|Company Name||FINTEC GLOBAL BERHAD|
|Date Announced||17 Nov 2020|
|Category||General Announcement for PLC|