TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS SEDANIA INNOVATOR BERHAD ("SEDANIA" OR "THE COMPANY") - PROVISION OF FINANCIAL ASSISTANCE TO OFFSPRING INC SDN. BHD., A 51% OWNED SUBSIDIARY OF THE COMPANY SEDANIA INNOVATOR BERHAD
Type Announcement Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS Description SEDANIA INNOVATOR BERHAD ("SEDANIA" OR "THE COMPANY") - PROVISION OF FINANCIAL ASSISTANCE TO OFFSPRING INC SDN. BHD., A 51% OWNED SUBSIDIARY OF THE COMPANY The Board of Directors (“Board”) of Sedania Innovator Berhad (“Sedania” or “the Company”) wishes to announce that the Board has approved the provision of financial assistance in the form of a one-off loan of up to RM1.35 million to Offspring Inc Sdn. Bhd. (“Offspring”), a 51% owned subsidiary of the Company, to finance the business operations and working capital requirements of Offspring (“Provision of Financial Assistance”), subject to the mutual agreement of the salient terms as stipulated in the loan agreement entered into between Sedania and Offspring (“Loan Agreement”).
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
wanmohd86
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Posted by wanmohd86 > 2021-08-02 18:51 | Report Abuse
cabuttttt already force selling