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Transactions (Chapter 10 Of Listing Requirements) : Non Related Party Transactions

BackMay 28, 2025

 

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description LIFE WATER BERHAD ("LWB" OR "THE COMPANY") - PROPOSED ACQUISITION OF 100% EQUITY INTEREST IN TWININE SDN. BHD. ("PROPOSED ACQUISITION")

The Board of Directors of LWB ("Board") wishes to announce that the Company had on 28 May 2025 entered into a Share Sale Agreement ("SSA" or "Agreement") with Mr. Wong Khai Keong and Madam Wong Yoke Sim ("the Vendors") to undertake the proposed acquisition of 300,000 ordinary shares in Twinine Sdn. Bhd. [Registration No. 199001018508 (210177-H)] ("TSB") ("Sale Shares"), representing the entire issued share capital in TSB, for a total cash consideration of RM10,500,000.00 ("Purchase Consideration") ("Proposed Acquisition").

 

Please refer to the attachment for further details.

 

This announcement is dated 28 May 2025.

 

Please refer attachment below.

 


Announcement Info

Company Name LIFE WATER BERHAD
Stock Name LWSABAH
Date Announced 28 May 2025
Category General Announcement for PLC
Reference Number GA1-27052025-00037

Attachments

  1. Proposed_Acquisition__20250528.pdf (Size: 149,542 bytes)
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