TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS PROPOSED DISPOSAL OF 40% EQUITY INTEREST IN CASH HORSE (M) SDN. BHD. BY CASH NEXUS (M) SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF CEPATWAWASAN GROUP BERHAD TO TIMAH RESOURCES LIMITED, A 69.80% SUBSIDIARY OF CASH NEXUS (M) SDN. BHD.
| CEPATWAWASAN GROUP BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | PROPOSED DISPOSAL OF 40% EQUITY INTEREST IN CASH HORSE (M) SDN. BHD. BY CASH NEXUS (M) SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF CEPATWAWASAN GROUP BERHAD TO TIMAH RESOURCES LIMITED, A 69.80% SUBSIDIARY OF CASH NEXUS (M) SDN. BHD. |
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The Board of Directors of Cepatwawasan Group Berhad wishes to announce that its wholly owned subsidiary, Cash Nexus (M) Sdn. Bhd. ("Cash Nexus"), has on 3 March 2026 entered into a conditional Share Sale Agreement with Timah Resources Limited, a 69.80% owned subsidiary of Cash Nexus for the disposal of 23,500,000 ordinary shares in Cash Horse (M) Sdn. Bhd. for a total consideration of RM31,613,227.00.
Please refer to the attachment for further details.
This announcement is dated 3 March 2026.
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Please refer attachment below.
Announcement Info
| Company Name | CEPATWAWASAN GROUP BERHAD |
| Stock Name | CEPAT |
| Date Announced | 03 Mar 2026 |
| Category | General Announcement for PLC |
| Reference Number | GA1-02032026-00088 |