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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 08, 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)

Reference is made to the earlier announcement in relation to the Proposed Variation dated 2 June 2022 ("Announcement"). For consistency, the abbreviations used throughout this announcement shall have the same meanings as defined in the Announcement in relation to the Proposed Variation, where applicable, unless stated otherwise or defined herein.

 

On behalf of the Board, Inter-Pacific Securities Sdn Bhd and Astramina Advisory Sdn Bhd wish to clarify the criteria for a cash company pursuant to Paragraph 8.03(1) of the Listing Requirements and inadequate level of operations pursuant to Paragraph 8.03A(2) of the Listing Requirements upon completion of the Disposal.

 

Please refer to the attachment for further details on the clarification.

 

This announcement is dated 8 June 2022.

 

 Please refer attachment below.


Announcement Info

Company Name PERTAMA DIGITAL BERHAD
Stock Name PERTAMA
Date Announced 08 Jun 2022
Category General Announcement for PLC
Reference Number GA1-08062022-00021

Attachments

  1. PDB_-_Announcement_(Clarification)_(8_June_2022)_20220608.pdf (Size: 180,778 bytes)