Date : 13 March 2025

OTHERS SIN-KUNG LOGISTICS BERHAD - PROPOSED ACQUISITION OF THE ENTIRE EQUITY INTEREST IN PRIMA AIR SDN. BHD. FOR A PURCHASE CONSIDERATION OF RM20,700,000

SIN-KUNG LOGISTICS BERHAD

Type Announcement
Subject OTHERS
Description
SIN-KUNG LOGISTICS BERHAD 
- PROPOSED ACQUISITION OF THE ENTIRE EQUITY INTEREST IN PRIMA AIR SDN. BHD. FOR A PURCHASE CONSIDERATION OF RM20,700,000

Unless otherwise stated, all abbreviations used herein shall have the same meanings as those stated in the Initial Announcement dated 2 October 2024.

 

Reference is made to the Company’s announcements dated 2 October 2024, 4 October 2024, 30 December 2024 and 17 February 2025.

 

The Board wishes to announce that the Proposed Acquisition has been completed on 13 March 2025, following the full settlement of the Balance Purchase Consideration to the Vendors.

 

Pursuant to the completion of the Proposed Acquisition, PASB has become a wholly-owned subsidiary of SKL.

 

This announcement is dated 13 March 2025.






Announcement Info

Company Name SIN-KUNG LOGISTICS BERHAD
Stock Name SINKUNG
Date Announced 13 Mar 2025
Category General Announcement for PLC
Reference Number GA1-13032025-00034


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