General Announcement for PLC

01/06/2022

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS Pasukhas Group Berhad ("PGB" or "the Company") - Termination of the Proposed Acquisition of 60% Equity Interest in PT Berkah Bumi Luhur (Now known as PT Berkah Bumi Leluhur) by Pasukhas Products Sdn Bhd, a wholly-owned subsidiary of PGB.

PASUKHAS GROUP BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description 
Pasukhas Group Berhad ("PGB" or "the Company")
- Termination of the Proposed Acquisition of 60% Equity Interest in PT Berkah Bumi Luhur (Now known as PT Berkah Bumi Leluhur) by Pasukhas Products Sdn Bhd, a wholly-owned subsidiary of PGB.

(For consistency, the abbreviations used herein shall have the same meaning as defined in the announcements to Bursa Malaysia Securities Sdn Bhd dated 22 November 2017, 1 March 2018, 5 March 2018 and 30 May 2022 respectively, unless otherwise defined.)

 

Further to the Company's announcement made on 30 May 2022, the Board of Directors (“the Board”) of PGB wishes to announce that the termination of CSPA between PPSB and Vendors as PPSB opined that coal business was not viable to be carried out at this stage.

 

This announcement is dated 1 June 2022.



Announcement Info

Company Name PASUKHAS GROUP BERHAD
Stock Name PASUKGB
Date Announced 01 Jun 2022
Category General Announcement for PLC
Reference Number GA1-31052022-00074


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