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Transactions (Chapter 10 Of Listing Requirements) : Related Party Transactions

BackSep 01, 2020
Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description DISPOSAL OF 100% EQUITY INTEREST IN GORGEOUS GOLDHILL SDN BHD ("GGSB"), A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY ("DISPOSAL")

Reference is made to the announcement dated 28 August 2020 (“Announcement”) in relation to the Disposal and the share sale agreement dated 28 August 2020 (“SSA”) entered into between Pertama Digital Berhad (formerly known as Sinotop Holdings Berhad) ("Pertama Digital") and Dato’ Soo Sze Ching. All capitalised terms used herein shall have the same meaning as those set out in the Announcement unless otherwise stated.

 

The Board is pleased to announce that the Disposal has been completed on 1 September 2020 in accordance with the terms of the SSA. Accordingly, GGSB has ceased as subsidiary of Pertama Digital.

 

This announcement is dated 1 September 2020.


Announcement Info

Company Name SINOTOP HOLDINGS BERHAD
Stock Name SINOTOP
Date Announced 01 Sep 2020
Category General Announcement for PLC
Reference Number GA1-01092020-00143