FAVCO

1.670

+0.02 (+1.2%)

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS FAVELLE FAVCO BERHAD ("FAVCO" OR "THE COMPANY") - PROPOSED ACQUISITION BY FAVCO OF THE ENTIRE EQUITY INTEREST IN SERAM INDUSTRIES SAS FROM MAREC INDUSTRIE SAS FOR AN INITIAL PURCHASE PRICE OF EUROS ("EUR") 7,500,000 WITH CONDITIONAL DEFERRED CONSIDERATION OF UP TO EUR 2,500,000 IN CASH ("PROPOSED ACQUISITION")

FAVELLE FAVCO BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description 
FAVELLE FAVCO BERHAD ("FAVCO" OR "THE COMPANY") 
- PROPOSED ACQUISITION BY FAVCO OF THE ENTIRE EQUITY INTEREST IN SERAM INDUSTRIES SAS FROM MAREC INDUSTRIE SAS FOR AN INITIAL PURCHASE PRICE OF EUROS ("EUR") 7,500,000 WITH CONDITIONAL DEFERRED CONSIDERATION OF UP TO EUR 2,500,000 IN CASH ("PROPOSED ACQUISITION")

(Unless otherwise defined, the terms used in this announcement shall have the same meaning as those defined in the announcements dated 12 January 2026, 3 February 2026 and 10 February 2026)

 

We refer to the announcements dated 12 January 2026, 3 February 2026 and 10 February 2026 in relation to the Proposed Acquisition.

 

The Board of Favco wishes to announce that the Proposed Acquisition has been completed on 9 April 2026.

 

This announcement is dated 10 April 2026. 



Announcement Info

Company Name FAVELLE FAVCO BERHAD
Stock Name FAVCO
Date Announced 10 Apr 2026
Category General Announcement for PLC
Reference Number GA1-10042026-00024


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