TFP

0.080

-0.01 (-11.1%)

MULTIPLE PROPOSALS TFP SOLUTIONS BERHAD ("TFP" OR "COMPANY") (I) PROPOSED ACQUISITION OF VSURE TECH; (II) PROPOSED BONUS ISSUE OF WARRANTS; AND (III) PROPOSED DIVERSIFICATION (COLLECTIVELY, THE "PROPOSALS")

TFP SOLUTIONS BERHAD

Type Announcement
Subject MULTIPLE PROPOSALS
Description 
TFP SOLUTIONS BERHAD ("TFP" OR "COMPANY")

(I)	PROPOSED ACQUISITION OF VSURE TECH;
(II)	PROPOSED BONUS ISSUE OF WARRANTS; AND
(III)	PROPOSED DIVERSIFICATION

(COLLECTIVELY, THE "PROPOSALS")

We refer to the announcements made on 7 April 2026, 9 April 2026 and 29 June 2026 in relation to amongst others, the Proposed Acquisition of VSure Tech ("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 the Company and the Vendor had on 10 July 2026 entered into a supplemental letter of agreement to the SSA ("Letter of Variation") to vary the period of the Profit Guarantee Period from FYE 30 June 2027 and FYE 30 June 2028 to FYE 31 December 2027 and FYE 31 December 2028 in view of the change to the financial year end of TFP from 30 June to 31 December, as announced by TFP on 29 May 2026. 

 

Pursuant to the Letter of Variation, the Vendor agrees to change VSure Tech's existing financial year end of 31 May to 31 December to take effect from VSure Tech's 2026 financial year onwards (or any other financial period as TFP may inform from time to time), upon the completion of the Proposed Acquisition of VSure Tech.

 

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

 

This announcement is dated 10 July 2026.



Announcement Info

Company Name TFP SOLUTIONS BERHAD
Stock Name TFP
Date Announced 10 Jul 2026
Category General Announcement for PLC
Reference Number GA1-10072026-00007


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