Transactions (Chapter 10 Of Listing Requirements) : Non Related Party Transactions

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Jan 06, 2025
Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description SOUTHERN SCORE BUILDERS BERHAD (“SSBB” OR THE “COMPANY”)

PROPOSED ACQUISITION BY SSBB OF 1,275,000 ORDINARY SHARES IN SJEE ENGINEERING SDN BHD (“SJEE”), REPRESENTING 51% EQUITY INTEREST IN SJEE FROM NGO HEA BING (“NHB”) FOR A TOTAL CASH CONSIDERATION OF RM22,950,000 (“PROPOSED ACQUISITION”)

We refer to the announcements dated 13 May 2024, 12 August 2024, 13 August 2024, 14 August 2024, 30 August 2024 and 12 November 2024 in relation to the Proposed Acquisition (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

 

On behalf of SSBB, Kenanga IB wishes to announce that all the Conditions Precedent have been fulfilled by the parties in accordance with the terms and conditions of the SJEE SSA and accordingly, the SJEE SSA has become unconditional on 6 January 2025.

 

This announcement is dated 6 January 2025.  


Announcement Info

Company Name SOUTHERN SCORE BUILDERS BERHAD
Stock Name SSB8
Date Announced 06 Jan 2025
Category General Announcement for PLC
Reference Number GA1-06012025-00046