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Execution Of Heads Of Agreement Between Ekovest And Tan Sri Dato' Lim Kang Hoo ("TSDLKH")

Jul 26, 2024

 

Type Announcement
Subject OTHERS
Description EKOVEST BERHAD ("EKOVEST" OR "THE COMPANY")

EXECUTION OF HEADS OF AGREEMENT BETWEEN EKOVEST AND TAN SRI DATO' LIM KANG HOO ("TSDLKH")

Reference is made to the Company’s announcements dated 27 October 2023 and 27 May 2024 in relation to the execution of a binding heads of agreement between the Company and TSDLKH to explore and negotiate the Proposed Credence Acquisition (“Announcements”). Unless otherwise stated, all terms used herein shall have the same meaning as defined in the Announcements.

The Company wishes to announce that it has sought the agreement of TSDLKH for a further extension of 6 months commencing from 28 July 2024 to 27 January 2025, to grant more time for the Company to assess, evaluate and deliberate the Proposed Credence Acquisition in detail and to discuss and negotiate on the terms of the Definitive Agreement between the Parties.

This announcement is dated 26 July 2024.

 


Announcement Info

Company Name EKOVEST BERHAD
Stock Name EKOVEST
Date Announced 26 Jul 2024
Category General Announcement for PLC
Reference Number GA1-26072024-00026
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