News
Transactions (Chapter 10 Of Listing Requirements) : Non Related Party Transactions
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description |
PENTAMASTER CORPORATION BERHAD ("PCB" OR "THE COMPANY") PROPOSED SUBSCRIPTION OF NEW SHARES IN EVERREADY PRECISION INDUSTRIAL CORP, TAIWAN, REPUBLIC OF CHINA BY PENTAMASTER INNOTEQ SDN. BHD., A WHOLLY OWNED SUBSIDIARY OF THE COMPANY |
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The board of directors of PCB is pleased to announce that Pentamaster InnoTeq Sdn. Bhd., a wholly owned subsidiary of PCB, has on 4th July 2022, subscribed for 16,614,507 new fully paid up ordinary shares in Everready Precision Industrial Corp, Taiwan, Republic of China (“EPIC”) representing 29.9% of the enlarged equity interest in EPIC for a total consideration of United States Dollar Six Million Seven Hundred Seventy Six Thousand Seven Hundred and Thirty Three (USD6,776,733) only (approximately equivalent to Ringgit Malaysia Twenty Nine Million Eight Hundred Eighty Five Thousand Three Hundred Ninety Three (RM29,885,393) at an exchange rate of USD1 : RM4.4100). Please refer to the attached for further details.
This announcement is dated 4 July 2022. |
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Announcement Info
| Company Name | PENTAMASTER CORPORATION BERHAD |
| Stock Name | PENTA |
| Date Announced | 04 Jul 2022 |
| Category | General Announcement for PLC |
| Reference Number | GA1-04072022-00023 |
Attachments
- PCB_Innoteq_subscription_in_EPIC.pdf (Size: 241,668 bytes)