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Back May 20, 2026

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 ("SENI JAYA" OR THE "COMPANY") PROPOSED ISSUANCE OF 4,950,495 CONSIDERATION SHARES ON THE MAIN MARKET AT THE ISSUE PRICE TO PART SATISFY THE PURCHASE CONSIDERATION FOR THE PROPOSED ACQUISITION BY SENI JAYA SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF SENI JAYA, OF 5,000,000 ORDINARY SHARES IN GANAD MEDIA SDN BHD, REPRESENTING THE ENTIRE EQUITY INTEREST IN GANAD MEDIA SDN BHD FROM DWI MEWAH SDN BHD FOR THE PURCHASE CONSIDERATION

Reference is made to the announcements dated 22 September 2025, 25 September 2025, 24 October 2025 ("Announcements"). Unless otherwise stated, defined terms in this announcement shall carry the same meanings as defined in the Announcements.

M & A Securities Sdn Bhd has been appointed as the Principal Adviser for the Proposed Issuance of Consideration Shares for the Proposed Acquisition. We have received the confirmation from the solicitors that the Conditions Precedents as stated in the SSPA and Supplemental SSPA have been fulfilled (save for the Conditions Conditions Precedents relating to GMSB having taken all necessary steps to procure/ renew licenses for the sites which was mutually waived). Accordingly, the SSPA and Supplemental SSPA have become unconditional with its terms and conditions.

On behalf of the board of directors of Seni Jaya, M & A Securities Sdn Bhd wishes to announce that the additional listing application in relation to the Proposed Acquisition has been submitted to Bursa Malaysia Securities Berhad.

 

This announcement is dated 20 May 2026. 



Announcement Info

Company Name SENI JAYA CORPORATION BERHAD
Stock Name SJC
Date Announced 20 May 2026
Category General Announcement for PLC
Reference Number GA1-25022026-00076