Common Contracts
1 similar null contracts
Except where the context otherwise requires, the following definitions shall apply throughout this Announcement:April 25th, 2022
Act : Companies Act, 2016 of Malaysia as amended from time to time and re- enactment thereof Board : Board of Directors of Vertice Bursa Securities : Bursa Malaysia Securities Berhad (200301033577 (635998-W)) COVID-19 : Coronavirus disease of 2019 Directors : Directors of the Company Disposal Consideration : Cash consideration of RM9.0 million in relation to the Proposed Disposal Disposal SSA : Conditional share sale agreement dated 20 April 2022 entered into between Vertice and Distinct Seasons for the Proposed Disposal Distinct Seasons or the Purchaser : Distinct Seasons Sdn Bhd (200701028487 (786509-P)), the purchaser in relation to the Proposed Disposal EPS : Earnings per Share FPE : Financial period ended FYE : Financial year ended Initial 60% Disposal : The disposal of 60% equity interests in Kumpulan Voir by Vertice to Seow Khim Soon for a total cash consideration of approximately RM16.41 million, which was completed on 24 December 2020 Issuance of RCPS : Issuance of up to 600,0
