Bursa Announcements

Bursa Announcements

Date : 02 July 2026

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS META BRIGHT GROUP BERHAD ("MBGB" OR THE "COMPANY) PROPOSED ACQUISITION OF 1,400,000 ORDINARY SHARES IN TTOP INDUSTRIAL & ENGINEERING SDN BHD ("TIESB"), REPRESENTING 70.0% OF THE ISSUED SHARE CAPITAL OF TIESB FOR A PURCHASE CONSIDERATION OF RM9,292,500, WHICH SHALL BE SATISFIED VIA CASH CONSIDERATION OF RM1,000,000 AND ISSUANCE OF 51,828,125 NEW ORDINARY SHARES IN MBGB AT AN ISSUE PRICE OF RM0.16 EACH ("PROPOSED ACQUISITION")

META BRIGHT GROUP BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description 
META BRIGHT GROUP BERHAD ("MBGB" OR THE "COMPANY)

PROPOSED ACQUISITION OF 1,400,000 ORDINARY SHARES IN TTOP INDUSTRIAL & ENGINEERING SDN BHD ("TIESB"), REPRESENTING 70.0% OF THE ISSUED SHARE CAPITAL OF TIESB FOR A PURCHASE CONSIDERATION OF RM9,292,500, WHICH SHALL BE SATISFIED VIA CASH CONSIDERATION OF RM1,000,000 AND ISSUANCE OF 51,828,125 NEW ORDINARY SHARES IN MBGB AT AN ISSUE PRICE OF RM0.16 EACH ("PROPOSED ACQUISITION")

Reference is made to the Company's earlier announcements dated 20 May 2026, 28 May 2026, 15 June 2026, 22 June 2026 and 26 June 2026 in relation to the Proposed Acquisition ("Earlier Announcements"). Unless stated otherwise, abbreviations and definitions used throughout this announcement shall bear the same meaning as those defined in the Earlier Announcements.

 

On behalf of the Board, Malacca Securities wishes to announce that all conditions precedent of the SSA have been fulfilled on 2 July 2026 in accordance to the terms and conditions of the SSA. Accordingly, the SSA has become unconditional on even date.

 

This announcement is dated 2 July 2026.



Announcement Info

Company Name META BRIGHT GROUP BERHAD
Stock Name MBRIGHT
Date Announced 02 Jul 2026
Category General Announcement for PLC
Reference Number GA1-02072026-00069


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