OTHERS DISPOSAL OF THE ENTIRE EQUITY INTEREST IN THE SUBSIDIARIES ('herein after known as "Dispose Companies")

IRE-TEX CORPORATION BERHAD

Type Announcement
Subject OTHERS
Description
DISPOSAL OF THE ENTIRE EQUITY INTEREST IN THE SUBSIDIARIES ('herein after known as "Dispose Companies")

The Board of Directors of Ire-Tex Corporation Berhad (“IRE-TEX” or “the Company” or “the Group”) wishes to announce that the Company (‘the Vendor’) had on 26 April 2019 entered into the Shares Sale Agreement with Mr Khoo Zhi Sheng  (“the Purchaser”) to dispose its entire equity interest in the following subsidiaries (hereinafter known as “Dispose Companies”) for the total consideration of RM4.00 (Ringgit Malaysia: Four Only) (“herein known  as  “Consideration”). The details of the Dispose Companies as per Appendix I attached.

 

Dispose Companies have not hold any real property or tangible assets.

 

Upon completion of the disposal, the entire equity interest of the Dispose Companies shall cease to be the subsidiaries of IRE-TEX.

 

Please refer to the attached Announcement and Appendix I for further details.

 

This announcement is dated 26 April 2019.




Please refer attachment below.



Announcement Info

Company Name IRE-TEX CORPORATION BERHAD
Stock Name IRETEX
Date Announced 26 Apr 2019
Category General Announcement for PLC
Reference Number GA1-26042019-00150