TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS XOX NETWORKS BERHAD (FORMERLY KNOWN AS MACPIE BERHAD) ("XOX NETWORKS" OR THE "COMPANY") - Disposal of 100% equity interest in Macpie Distribution Sdn. Bhd. ("MDSB"), a wholly-owned subsidiary of the Company

XOX NETWORKS BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description 
XOX NETWORKS BERHAD (FORMERLY KNOWN AS MACPIE BERHAD) ("XOX NETWORKS" OR THE "COMPANY")
- Disposal of 100% equity interest in Macpie Distribution Sdn. Bhd. ("MDSB"), a wholly-owned subsidiary of the Company

XOX Networks wishes to announce that it had on 2 September 2022 entered into a Share Sale Agreement (“SSA”) with Ms. Shian Hwee Cheng (“SHC” or “Purchaser”) (NRIC No. 730724-01-5174) to dispose its 3,000,000 ordinary shares, representing 100% equity interest in MDSB (“Sale Shares”) for a cash consideration of RM100,000.00 (“Disposal”).

Please refer to the attachment for further details.

This announcement is dated 2 September 2022.



Announcement Info

Company Name XOX NETWORKS BERHAD
Stock Name XOXNET
Date Announced 02 Sep 2022
Category General Announcement for PLC
Reference Number GA1-02092022-00075