TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS PROPOSED SUBSCRIPTION OF 40% EQUITY INTEREST IN FUYA ENERGY SDN. BHD. ("FESB"), A WHOLLY OWNED SUBSIDIARY OF AMALGAMATED BATTERIES MANUFACTURING (SARAWAK) SDN. BHD. ("ABM"), WHICH IN TURN, A WHOLLY OWNED SUBSIDIARY OF AFUJIYA, BY JUJIANG POWER TECHNOLOGY CO. LTD. ("JUJIANG") ("PROPOSED SUBSCRIPTION")
| ABM FUJIYA BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | PROPOSED SUBSCRIPTION OF 40% EQUITY INTEREST IN FUYA ENERGY SDN. BHD. ("FESB"), A WHOLLY OWNED SUBSIDIARY OF AMALGAMATED BATTERIES MANUFACTURING (SARAWAK) SDN. BHD. ("ABM"), WHICH IN TURN, A WHOLLY OWNED SUBSIDIARY OF AFUJIYA, BY JUJIANG POWER TECHNOLOGY CO. LTD. ("JUJIANG") ("PROPOSED SUBSCRIPTION") |
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The Board of Directors of AFujiya ("Board"), wishes to announce that its wholly owned subsidiary, ABM had, on 23 October 2024, entered into a tripartite conditional share subscription agreement ("CSSA" or "Agreement") with JUJIANG and FESB for the Proposed Subscription.
Please refer to the details of the announcement in the attachment.
This announcement dated 23 October 2024. |
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Please refer attachment below.
Announcement Info
| Company Name | ABM FUJIYA BERHAD |
| Stock Name | AFUJIYA |
| Date Announced | 23 Oct 2024 |
| Category | General Announcement for PLC |
| Reference Number | GA1-23102024-00008 |