ASIAPAC

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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS ASIAN PAC HOLDINGS BERHAD ("APHB" OR "THE COMPANY") PROPOSED ACQUISITION OF THE ENTIRE ISSUED AND PAID-UP SHARE CAPITAL OF PRESTASI KEMAS SDN BHD ("PKSB") BY KOTA PLATINUM SDN BHD, A WHOLLY OWNED SUBSIDIARY OF APHB FOR A CASH CONSIDERATION OF RM42,000,000.00 ("PROPOSED ACQUISITION")

ASIAN PAC HOLDINGS BERHAD

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	ASIAN PAC HOLDINGS BERHAD ("APHB" OR "THE COMPANY") PROPOSED ACQUISITION OF THE ENTIRE ISSUED AND PAID-UP SHARE CAPITAL OF PRESTASI KEMAS SDN BHD ("PKSB") BY KOTA PLATINUM SDN BHD, A WHOLLY OWNED SUBSIDIARY OF APHB FOR A CASH CONSIDERATION OF RM42,000,000.00 ("PROPOSED ACQUISITION")
The Board of Directors of APHB wishes to announce that Kota Platinum Sdn Bhd (Company No. 201901032514 (1341844-P)) (“the Purchaser”), a wholly owned subsidiary of APHB, has today entered into a Sale and Purchase Agreement for Shares with Dato’ Ding Pei Chai (NRIC No.: 560101-08-7631) and Salcon Development Sdn Bhd (Company No. 200601032295 (752054-M)), a wholly owned subsidiary of Salcon Berhad, (hereinafter collectively referred to as “the Vendors”), to acquire 3,322,865 ordinary shares in PKSB, representing 100% of the issued and paid-up share capital of PKSB, from the Vendors for a total cash consideration of RM42,000,000.00. Further details of the Proposed Acquisition is set out in the attachment. This announcement is dated 18 August 2025.

Please refer attachment below.

Attachments

20250818_Announcement_Ch10_PKSB_Acq Eq_Final.pdf
294.9 kB

Announcement Info

Company Name	ASIAN PAC HOLDINGS BERHAD
Stock Name	ASIAPAC
Date Announced	18 Aug 2025
Category	General Announcement for PLC
Reference Number	GA1-12082025-00087

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