AYS

0.230

-0.005 (-2.1%)

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS AYS VENTURES BERHAD ("AYSV" OR THE "COMPANY") PROPOSED DISPOSAL BY ANN YAK SIONG (SINGAPORE) PTE. LTD. ("AYSS"), AN INDIRECT WHOLLY-OWNED SUBSIDIARY OF AYSV, OF ITS 74.0% EQUITY INTEREST IN ITS SUBSIDIARY, STEELARIS PTE. LTD. ("STEELARIS") TO COSMOSTEEL HOLDINGS PTE. LTD. ("COSMOSTEEL") ("PROPOSED DISPOSAL")

AYS VENTURES BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description 
AYS VENTURES BERHAD ("AYSV" OR THE "COMPANY")

PROPOSED DISPOSAL BY ANN YAK SIONG (SINGAPORE) PTE. LTD. ("AYSS"), AN INDIRECT WHOLLY-OWNED SUBSIDIARY OF AYSV, OF ITS 74.0% EQUITY INTEREST IN ITS SUBSIDIARY, STEELARIS PTE. LTD. ("STEELARIS") TO COSMOSTEEL HOLDINGS PTE. LTD. ("COSMOSTEEL") ("PROPOSED DISPOSAL")

Reference is made to the Company's announcement dated 23 September 2026 in relation to the above subject matter ("Proposed Disposal Announcement"). Unless otherwise defined, capitalised terms used in this announcement shall have the same meanings as defined in the Proposed Disposal Announcement.

 

The Company is pleased to announce that the conditions precedent under the SPA have been fulfilled and the Proposed Disposal was completed on 1 October 2026. Pursuant thereto, AYSS has received cash consideration of SGD1,813,000 and 13,468,000 Consideration Shares.

 

This announcement is dated 2 October 2026.



Announcement Info

Company Name AYS VENTURES BERHAD
Stock Name AYS
Date Announced 02 Oct 2026
Category General Announcement for PLC
Reference Number GA1-01102026-00024


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