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Proposed Variation To The Terms And Conditions Of The Share Sale Agreement Dated 2 May 2019 (As Supplemented By A Supplemental Share Sale Agreement Dated 18 June 2020) In Relation To The Disposal By Pertama Digital Berhad ("PDB Or Company) Of The Entire Equity Interest In Its Subsidiary, Be Top Group Limited, For A Consideration Of RM70.00 Million (Proposed Variation)

BackJun 02, 2022
Type Announcement
Subject OTHERS
Description PROPOSED VARIATION TO THE TERMS AND CONDITIONS OF THE SHARE SALE AGREEMENT DATED 2 MAY 2019 (AS SUPPLEMENTED BY A SUPPLEMENTAL SHARE SALE AGREEMENT DATED 18 JUNE 2020) IN RELATION TO THE DISPOSAL BY PERTAMA DIGITAL BERHAD ("PDB OR COMPANY) OF THE ENTIRE EQUITY INTEREST IN ITS SUBSIDIARY, BE TOP GROUP LIMITED, FOR A CONSIDERATION OF RM70.00 MILLION (PROPOSED VARIATION)

We refer to the circular to shareholders of the Company dated 30 July 2020 in relation to the disposal by PDB of the entire equity interest in its subsidiary, Be Top Group Limited, for a consideration of RM70.00 million ("Previous Circular"). Unless otherwise defined, the definitions set out in the Previous Circular shall apply herein.

On behalf of the Board of PDB, Inter-Pacific Securities Sdn Bhd and Astramina Advisory Sdn Bhd wish to announce that PDB had on 2 June 2022 entered into a second supplemental agreement with GIL to amend, modify, substitute, vary and alter the terms, conditions and provisions of the Disposal SSA (as supplemented by the Supplemental Disposal SSA). 

Please refer to the attachment for further details of the Proposed Variation.

This announcement is dated 2 June 2022.

Please refer attachment below.


Announcement Info

Company Name PERTAMA DIGITAL BERHAD
Stock Name PERTAMA
Date Announced 02 Jun 2022
Category General Announcement for PLC
Reference Number GA1-02062022-00035

Attachments

  1. PDB_-_Announcement_-_Proposed_Variation_(dated_2_June_2022)_20220602.pdf (Size: 314,840 bytes)