Bursa Anouncements

Date : 05 April 2024

MULTIPLE PROPOSALS HEXTAR RETAIL BERHAD (FORMERLY KNOWN AS CLASSIC SCENIC BERHAD) ("HEXRTL" OR THE "COMPANY") (I) PROPOSED 30% PRIVATE PLACEMENT (II) PROPOSED ACQUISITION (III) PROPOSED DIVERSIFICATION (IV) PROPOSED CHANGE OF NAME (COLLECTIVELY "PROPOSALS")

HEXTAR RETAIL BERHAD

Type Announcement
Subject MULTIPLE PROPOSALS
Description
HEXTAR RETAIL BERHAD (FORMERLY KNOWN AS CLASSIC SCENIC BERHAD) ("HEXRTL" OR THE "COMPANY") 

(I)	PROPOSED 30% PRIVATE PLACEMENT 

(II)	PROPOSED ACQUISITION 

(III)	PROPOSED DIVERSIFICATION 

(IV)	PROPOSED CHANGE OF NAME 

(COLLECTIVELY "PROPOSALS")

Unless otherwise defined, the definitions set out in the previous announcements in relation to the Proposals shall apply herein.

 

On behalf of the Board of Directors of the Company, M&A Securities wishes to announce that the solicitors for the Proposals had vide its letter dated 5 April 2024 confirmed that all conditions precedent set out in the SSA for the Proposed Acquisition have been fulfilled. Accordingly, the SSA has become unconditional.

 

This announcement is dated 5 April 2024.






Announcement Info

Company Name HEXTAR RETAIL BERHAD
Stock Name HEXRTL
Date Announced 05 Apr 2024
Category General Announcement for PLC
Reference Number GA1-05042024-00068


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