TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS RADIANT GLOBALTECH BERHAD ("RGTECH" OR THE "COMPANY") PROPOSED ACQUISITION BY RGTECH OF 80% EQUITY INTEREST IN RYMNET SOLUTIONS SDN BHD FOR A PURCHASE CONSIDERATION OF RM52.50 MILLION TO BE SATISFIED VIA A COMBINATION OF CASH CONSIDERATION AND ISSUANCE OF 30,303,000 NEW ORDINARY SHARES IN RGTECH ("RGTECH SHARE(S)" OR "SHARE(S)") ("PROPOSED ACQUISITION")

RADIANT GLOBALTECH BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
RADIANT GLOBALTECH BERHAD ("RGTECH" OR THE "COMPANY")

PROPOSED ACQUISITION BY RGTECH OF 80% EQUITY INTEREST IN RYMNET SOLUTIONS SDN BHD FOR A PURCHASE CONSIDERATION OF RM52.50 MILLION TO BE SATISFIED VIA A COMBINATION OF CASH CONSIDERATION AND ISSUANCE OF 30,303,000 NEW ORDINARY SHARES IN RGTECH ("RGTECH SHARE(S)" OR "SHARE(S)") ("PROPOSED ACQUISITION")

We refer to the announcements dated 12 July 2024, 9 August 2024 and 9 September 2024 in relation to the Proposed Acquisition. Unless otherwise defined, the definitions set out in the previous announcements shall apply herein.

On behalf of the Board, UOBKH wishes to announce that the application in relation to the issuance and listing of new RGTECH Shares pursuant to the Proposed Acquisition has been submitted to Bursa Securities on 25 September 2024.

This announcement is dated 25 September 2024.






Announcement Info

Company Name RADIANT GLOBALTECH BERHAD
Stock Name RGTECH
Date Announced 25 Sep 2024
Category General Announcement for PLC
Reference Number GA1-25092024-00051