TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS THREE-A RESOURCES BERHAD (3A OR THE COMPANY) PROPOSED DISPOSAL OF THE ENTIRE 50% EQUITY INTEREST HELD BY THREE-A FOOD INDUSTRIES (M) SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY, IN THREE-A (QINHUANGDAO) FOOD INDUSTRIES CO. LTD TO YIHAI KERRY INVESTMENTS CO. LTD. (PROPOSED DISPOSAL)
THREE-A RESOURCES BERHAD
| Announcement Date |
04 Dec 2017 |
| Type |
Announcement |
| Subject |
TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS |
| Description |
THREE-A RESOURCES BERHAD("3A")
PROPOSED DISPOSAL OF THE ENTIRE 50% EQUITY INTEREST HELD BY THREE-A FOOD INDUSTRIES (M) SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY, IN THREE-A (QINHUANGDAO) FOOD INDUSTRIES CO. LTD TO YIHAI KERRY INVESTMENTS CO. LTD. (PROPOSED DISPOSAL) |
We refer to the Company’s announcement made on 5 September 2017 in relation to the Proposed Disposal. The Board of Directors of 3A wishes to inform that the Company have received confirmation on 1 December 2017 that the Proposed Disposal has been completed. Accordingly, Three-A (Qinhuangdao) Food Industries Co. Ltd has ceased to be a joint venture company of Three-A Food Industries (M) Sdn Bhd.
