OCNCASH

0.130

(%)

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS OCEANCASH PACIFIC BERHAD ("OCEANCASH" OR "COMPANY") ACQUISITION BY OCEANCASH OF 22,750,000 ORDINARY SHARES IN PARAGON CAR CARPETS & COMPONENTS SDN BHD ("PCCCSB"), A WHOLLY-OWNED SUBSIDIARY OF PARAGON UNION BERHAD, REPRESENTING THE ENTIRE EQUITY INTEREST IN PCCCSB, FOR A PURCHASE CONSIDERATION OF RM13.42 MILLION (SUBJECT TO ADJUSTMENTS) TO BE SATISFIED ENTIRELY IN CASH ("ACQUISITION")

OCEANCASH PACIFIC BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description 
OCEANCASH PACIFIC BERHAD ("OCEANCASH" OR "COMPANY")

ACQUISITION BY OCEANCASH OF 22,750,000 ORDINARY SHARES IN PARAGON CAR CARPETS & COMPONENTS SDN BHD ("PCCCSB"), A WHOLLY-OWNED SUBSIDIARY OF PARAGON UNION BERHAD, REPRESENTING THE ENTIRE EQUITY INTEREST IN PCCCSB, FOR A PURCHASE CONSIDERATION OF RM13.42 MILLION (SUBJECT TO ADJUSTMENTS) TO BE SATISFIED ENTIRELY IN CASH ("ACQUISITION")

We refer to the announcements dated 10 September 2025, 16 October 2025 and 26 November 2025 in relation to the Acquisition ("Announcements"). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

 

On behalf of the Board, TA Securities wishes to announce that, in view that the Conditions Precedent under the SSA have yet to be fulfilled as at todate, the Company and the Vendor had on today mutually agreed in writing to extend the Conditional Period to 10 August 2026 for the fulfilment of the Conditions Precedent as set out in the SSA.

 

Save for the above, all the other terms and conditions of the SSA shall remained unchanged.

 

This announcement is dated 9 June 2026.



Announcement Info

Company Name OCEANCASH PACIFIC BERHAD
Stock Name OCNCASH
Date Announced 09 Jun 2026
Category General Announcement for PLC
Reference Number GA1-09062026-00078


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