Type | Announcement |
Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
Description | MICROLINK SOLUTIONS BERHAD SUBSCRIPTION OF 2,000,000 PLACEMENT SHARES IN INARI AMERTRON BERHAD FOR A TOTAL SUBSCRIPTION PRICE OF RM6,200,000 ONLY |
The Board of Directors (“Boardâ€) of Microlink Solutions Berhad (“Microlink†or “the Companyâ€) wishes to announce that the Company has on 26 July 2021 accepted the offer to subscribe for 2,000,000 ordinary shares (“Placement Share(s)â€) in Inari Amertron Berhad (“Inariâ€) at RM3.10 per Placement Share for a total subscription price of RM6,200,000.00 only in conjunction with Inari’s private placement exercise of up to 333,000,000 ordinary shares in Inari (“Subscriptionâ€).
Further details of the Subscription are attached below.
This announcement is dated 26 July 2021.