(For consistency, the abbreviations used throughout this announcement shall have the same meanings as defined in the announcement dated 4 November 2024 in relation to the Disposal, where applicable, unless stated otherwise or defined herein.)
Reference is made to the announcements dated 4 November 2024, 13 November 2024, 12 December 2024 and 3 February 2025 in relation to the Disposal.
On behalf of the Board, TA Securities wishes to announce that all conditions precedent of the SSA have been fulfilled and hence, the SSA have become unconditional on 6 March 2025.
The Company has received RM37.35 million of the Disposal Consideration (excluding the Retained Purchase Consideration of RM2.75 million) and accordingly, the Disposal has been completed on 6 March 2025.
This announcement is dated 6 March 2025.