| Subject |
CIRCULAR TO SHAREHOLDERS IN RELATION TO THE
(I) PROPOSED ACQUISITION OF 80% EQUITY INTEREST IN GRAND-FLO SPRITVEST SDN BHD ("GF SPRITVEST"), COMPRISING 800,000 ORDINARY SHARES IN GF SPRITVEST CURRENTLY HELD BY GRAND-FLO BERHAD, FOR A TOTAL CASH CONSIDERATION OF RM11,600,000 ("PROPOSED ACQUISITION"); AND
(II) PROPOSED VARIATION TO THE UTILISATION OF PROCEEDS OF RM11,480,000 RAISED FROM RADIANT GLOBALTECH'S INITIAL PUBLIC OFFERING WHICH WAS COMPLETED ON 24 JULY 2018 TO PART-FINANCE THE PROPOSED ACQUISITION |