News

References are made to the announcements of the Company dated 26 September 2019 in relation to the acquisition of 100% equity interest in TP Concept Sdn. Bhd. (“TP”)  comprising 250,000 ordinary shares each fully paid up for a total purchase consideration of Ringgit Malaysia twenty one million (RM21,000,000) only from the shareholders of TP (the “Vendors”) by Pentamaster Equipment Manufacturing Sdn. Bhd. (“PQ” or “the Purchaser”), a wholly owned subsidiary of Pentamaster International Limited (“PIL”), which in turn is a subsidiary of PCB (the “Acquisition”) and the completion announcement dated 27 September 2019 (collectively, the “Previous Announcements”). Unless otherwise defined, capitalised terms herein shall have the same meanings as those defined in the Previous Announcements.

Please refer to the attachment for further details.

This announcement is dated 25 February 2021.