Circular/Notice to Shareholders
| GFM SERVICES BERHAD |
| Subject | CIRCULAR TO SHAREHOLDERS IN RELATION TO THE PROPOSED ACQUISITION OF 60,000 ORDINARY SHARES IN SHAPADU ENERGY SDN BHD ("SHAPADU ENERGY") ("SHAPADU ENERGY SHARES"), REPRESENTING 60% EQUITY INTEREST IN SHAPADU ENERGY, FROM SHAPADU CORPORATION SDN BHD ("SPC" OR THE "VENDOR") FOR A PURCHASE CONSIDERATION OF RM30.00 MILLION TO BE SATISFIED ENTIRELY VIA CASH ("PROPOSED ACQUISITION"), TOGETHER WITH A CALL OPTION GRANTED BY GFM SERVICES BERHAD ("GFM" OR THE "COMPANY") FOR SPC TO ACQUIRE SUCH NUMBER OF SHAPADU ENERGY SHARES, REPRESENTING 15% EQUITY INTEREST IN SHAPADU ENERGY, FROM GFM FOR A PURCHASE CONSIDERATION OF RM10.00 MILLION ("PROPOSED CALL OPTION") (COLLECTIVELY, THE "PROPOSALS") |
Please refer attachment below.
Announcement Info
| Company Name | GFM SERVICES BERHAD |
| Stock Name | GFM |
| Date Announced | 19 Aug 2025 |
| Category | Document Submission |
| Reference Number | DCS-12082025-00001 |