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Back Jun 16, 2021

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS


Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
SENI JAYA CORPORATION BERHAD ("SJC" OR "COMPANY")
PROPOSED ACQUISITION OF 100% EQUITY INTEREST IN TOPPER MEDIA SDN. BHD. FOR A TOTAL CASH CONSIDERATION OF RM5,000,000.00 BY SENI JAYA OOH SDN. BHD., AN INDIRECT WHOLLY-OWNED SUBSIDIARY OF THE COMPANY
The Board of Directors of the Company wishes to announce that Seni Jaya OOH Sdn. Bhd. (?SJOOH? or ?Purchaser?), a wholly-owned subsidiary of Seni Jaya Sdn. Bhd., which in turn is a wholly-owned subsidiary of the Company, had on 16 June 2021, entered into a Sale and Purchase Agreement (?SPA?) with Ms. Chiong Miaw Thuan (?Vendor?) for the acquisition of one (1) ordinary share in Topper Media Sdn. Bhd. [Registration No. 202101008436 (1408735-M)] (?TMSB?) (?Sale Shares?), representing 100% equity interest of TMSB at a total cash consideration of RM5,000,000.00 (Ringgit Malaysia: Five Million) only (?Purchase Price?) (?Proposed Acquisition?).

Please refer to the attachment for the details of the Proposed Acquisition.

This announcement is dated 16 June 2021. 





Announcement Info

Company Name SENI JAYA CORPORATION BERHAD
Stock Name SJC
Date Announced 16 Jun 2021
Category General Announcement for PLC
Reference Number GA1-11062021-00033


Attachments