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Multiple Proposals

BackOct 01, 2024

 

Type Announcement
Subject MULTIPLE PROPOSALS
Description AEMULUS HOLDINGS BERHAD ("AEMULUS" OR "COMPANY")

(I) PROPOSED ACQUISITION; AND
(II) PROPOSED INCREASE IN REGISTERED CAPITAL OF TMSS

(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
On behalf of the Board of Directors of Aemulus, TA Securities Holdings Berhad wishes to announce that:

(i) Aemulus Corporation Sdn Bhd ("ACSB"), a wholly-owned subsidiary of the Company, had on 1 October 2024 entered into a conditional equity transfer agreement ("ETA") with Tangren Microtelligence Technology (Jiashan) Co., Ltd. ("Tangren Microtelligence") for the proposed acquisition by ACSB of the remaining 60% equity interest in Tangming Shengshi Technology (Jiashan) Co. Ltd. ("TMSS") for a total cash consideration of Renminbi ("RMB") 25,000,000 ("Proposed Acquisition"); and

(ii) the Company proposes to undertake the proposed increase by up to 60% of the enlarged registered capital of TMSS for subscription by investors to be identified later subsequent to the Proposed Acquisition ("Proposed Increase in Registered Capital of TMSS").

Further details of the Proposals are set out in the attachment.

This announcement is dated 1 October 2024.

 

Please refer attachment below.

 

Announcement Info

Company Name AEMULUS HOLDINGS BERHAD
Stock Name AEMULUS
Date Announced 01 Oct 2024
Category General Announcement for PLC
Reference Number GA1-01102024-00061

Attachments

  1. Aemulus_-_Announcement_(Proposals)_20241001.pdf (Size: 430,016 bytes)