| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | PROPOSED ACQUISITION OF 51% EQUITY INTEREST IN TELEVISION AIRTIME SERVICES SDN. BHD. |
Reference is made to the Company's announcement on 6 March 2020 in relation to the execution of a heads of agreement.
The Board of Directors of Sinotop Holdings Berhad ("Sinotop") wishes to announce that on even date, Sinotop had entered into a conditional share sale agreement with En. Sabri Bin Ab Rahman for the acquisition by Sinotop of 5,865,000 ordinary shares in Television Airtime Services Sdn. Bhd. ("TAS"), representing 51% of the equity interest in TAS for a total consideration of RM7 million.
Please refer to the attachment for further details.
This announcement is dated 23 April 2020.
Please refer attachment below.
| Company Name | SINOTOP HOLDINGS BERHAD |
| Stock Name | SINOTOP |
| Date Announced | 23 Apr 2020 |
| Category | General Announcement for PLC |
| Reference Number | GA1-23042020-00082 |
Attachments