TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS PROPOSED ACQUISITION OF 44% EQUITY IN SKYGATE INTEGRATION SDN BHD ("SKYGATE INTEGRATION") FOR A TOTAL CONSIDERATION OF APPROXIMATELY RM10.88 MILLION INCLUDING ASSUMPTION OF LIABILITIES TO BE SATISFIED ENTIRELY VIA THE ISSUANCE OF NEW SHARES ("PROPOSED ACQUISITION")
| SKYGATE SOLUTIONS BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | PROPOSED ACQUISITION OF 44% EQUITY IN SKYGATE INTEGRATION SDN BHD ("SKYGATE INTEGRATION") FOR A TOTAL CONSIDERATION OF APPROXIMATELY RM10.88 MILLION INCLUDING ASSUMPTION OF LIABILITIES TO BE SATISFIED ENTIRELY VIA THE ISSUANCE OF NEW SHARES ("PROPOSED ACQUISITION") |
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We refer to the announcements dated 11 July 2025, 16 July 2025 and 28 July 2025 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 Bursa Securities has, vide its letter dated 1 August 2025, resolved to approve the listing of and quotation for 16,244,521 new ordinary shares (“Consideration Shares”) to be issued pursuant to the Proposed Acquisition, on the Main Market of Bursa Securities.
The approval granted by Bursa Securities for the Proposed Acquisition is subject to the following conditions:-
This announcement is dated 4 August 2025. |
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Announcement Info
| Company Name | SKYGATE SOLUTIONS BERHAD |
| Stock Name | SKYGATE |
| Date Announced | 04 Aug 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-04082025-00026 |