The Board of Directors of Vertice wishes to announce the Company had on 20 April 2022 entered into a Share Sale Agreement with Distinct Seasons Sdn Bhd ("Distinct Seasons") for the proposed disposal of 40% equity interest in Kumpulan Voir Sdn Bhd by Vertice to Distinct Seasons for a total cash consideration of approximately RM9.0 million, subject to the terms and conditions as set out in the Share Sale Agreement ("Proposed Disposal").
Please refer the attached document for further details on the Proposed Disposal.
This announcement is dated 20 April 2022.