TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS SHARE SALE AGREEMENT IN RESPECT OF THE DISPOSAL OF THE ENTIRE EQUITY INTEREST IN COMINTEL SYSTEM TECHNOLOGIES SDN. BHD.

COMINTEL CORPORATION BHD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
SHARE SALE AGREEMENT IN RESPECT OF THE DISPOSAL OF THE ENTIRE EQUITY INTEREST IN COMINTEL SYSTEM TECHNOLOGIES SDN. BHD.

The Board of Directors of Comintel Corporation Bhd wishes to announce that the Company has on 20 November 2023 entered into a Share Sale Agreement with Huang Chai Sheng, for the disposal of 2,000,000 ordinary shares in Comintel System Technologies Sdn. Bhd. (“CST”), representing the entire equity interest in CST, for a total cash consideration of RM135,000.00.

Details of the announcement are set out in the file attached.

This announcement is dated 20 November 2023.






Announcement Info

Company Name COMINTEL CORPORATION BHD
Stock Name COMCORP
Date Announced 20 Nov 2023
Category General Announcement for PLC
Reference Number GA1-20112023-00043


Please refer attachment below.

  1. Announcement- Disposal of CST.pdf