We refer to the Company’s announcements made on 13 August 2019, 27 November 2019, 4 December 2019, 31 December 2019 and 31 January 2020, 29 July 2022, 1 September 2022 and 12 September 2022 in relation to the Disposals (“Announcements”). Unless otherwise defined, all defined terms and abbreviations used in this announcement shall carry the same meaning as those previously defined in the Announcements.

The Board of Directors of HexTech wishes to announce that the Company had on 30 September 2024 entered into a Share Sale Agreement (“Agreement”) with TN Engineering Sdn. Bhd. [Registration no. 199401036914 (322596-U)], a company incorporated in Malaysia with its business address at Lot 30642, Jalan Kempas Baru 81200 Johor, Johor Bahru, in respect of the disposal of Seventy Three Thousand and Two Hundred (73,200) ordinary shares in Guper Integrated Logistics Sdn. Bhd. [Registration No. 199701005035 (420531-V)], a private limited company incorporated in Malaysia with its registered office at No. 45B, Jalan Kepayang, Kawasan 16, Off Jalan Meru, 41050 Klang, Selangor Darul Ehsan, representing 2.44% of the issued share capital of the Target Company to the Purchaser for a sale consideration of Ringgit Malaysia Two Million Five Hundred Seventy Thousand Seven Hundred Ninety-Nine and Ninety Six Cents (RM2,570,799.96) only (“Sale Consideration”), subject to and upon all the terms and conditions as stipulated in the Agreement.

Details of the announcement are set out in the file attached. 

This announcement is dated 30 September 2024.