MGRC

0.205

-0.005 (-2.4%)

Circular/Notice to Shareholders

MALAYSIAN GENOMICS RESOURCE CENTRE BERHAD

Subject CIRCULAR TO SHAREHOLDERS IN RELATION TO THE (I) PROPOSED RATIFICATION OF THE ACQUISITIONS OF 90,288,200 ORDINARY SHARES IN SNS NETWORK TECHNOLOGY BERHAD ("SNS") ("SNS SHARES"), WHICH WERE ACQUIRED VIA THE OPEN MARKET FOR A TOTAL CASH CONSIDERATION OF RM22,225,132 ("SNS ACQUISITIONS") ("PROPOSED SNS ACQUISITIONS RATIFICATION"); (II) PROPOSED RATIFICATION OF THE DISPOSALS OF 90,288,200 SNS SHARES, WHICH WERE DISPOSED OF VIA THE OPEN MARKET FOR A TOTAL CASH CONSIDERATION OF RM22,072,731 ("SNS DISPOSALS") ("PROPOSED SNS DISPOSALS RATIFICATION"); (III) PROPOSED RATIFICATION FOR AUTHORITY FOR MALAYSIAN GENOMICS RESOURCE CENTRE BERHAD TO PURCHASE ITS OWN SHARES OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF THE COMPANY ("PROPOSED SHARE BUY-BACK RATIFICATION") (COLLECTIVELY, THE "PROPOSED RATIFICATIONS")


Please refer attachment below.



Announcement Info

Company Name MALAYSIAN GENOMICS RESOURCE CENTRE BERHAD
Stock Name MGRC
Date Announced 31 Dec 2025
Category Document Submission
Reference Number DCS-31122025-00010