TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS SENI JAYA CORPORATION BERHAD ("SJCB" OR THE "COMPANY") SHARES SALE AND PURCHASE AGREEMENT BETWEEN SENI JAYA SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY AND DWI MEWAH SDN BHD FOR THE PROPOSED ACQUISITION OF 100% EQUITY INTEREST IN GANAD MEDIA SDN BHD
| SENI JAYA CORPORATION BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | SENI JAYA CORPORATION BERHAD ("SJCB" OR THE "COMPANY")
SHARES SALE AND PURCHASE AGREEMENT BETWEEN SENI JAYA SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY AND DWI MEWAH SDN BHD FOR THE PROPOSED ACQUISITION OF 100% EQUITY INTEREST IN GANAD MEDIA SDN BHD |
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The Board of Directors of SJCB (the “Board”) wishes to announce that Seni Jaya Sdn Bhd, a wholly-owned subsidiary of the Company, had on 22 September 2025, entered into a Shares Sale and Purchase Agreement (“SSPA”) with Dwi Mewah Sdn. Bhd. for the proposed acquisition of 5,000,000 ordinary shares in Ganad Media Sdn Bhd (“GMSB”) , representing 100% equity interest in GMSB, for a purchase consideration of RM5,000,000.00, to be satisfied as follows:-
1. Cash Consideration: RM3,000,000.00; and 2. Share Consideration: RM2,000,000.00 via the issuance of 4,950,495 new ordinary shares in SJCB at an issue price of RM0.4040 per Consideration Share.
Further details of the SSPA are set out in the attachment below.
This announcement is dated 22 September 2025. |
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Please refer attachment below.
Announcement Info
| Company Name | SENI JAYA CORPORATION BERHAD |
| Stock Name | SJC |
| Date Announced | 22 Sep 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-22092025-00006 |