TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS WELLSPIRE HOLDINGS BERHAD ("WELLSPIRE" OR "COMPANY") ACQUISITION OF 1,533,354 ORDINARY SHARES IN TIAN AN TRADING SDN BHD ("TIAN AN"), REPRESENTING APPROXIMATELY 65.72% OF ITS EQUITY INTEREST FROM YAP CHEE KHENG
| WELLSPIRE HOLDINGS BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | WELLSPIRE HOLDINGS BERHAD ("WELLSPIRE" OR "COMPANY")
ACQUISITION OF 1,533,354 ORDINARY SHARES IN TIAN AN TRADING SDN BHD ("TIAN AN"), REPRESENTING APPROXIMATELY 65.72% OF ITS EQUITY INTEREST FROM YAP CHEE KHENG |
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The Board of Directors of Wellspire (“Board”) wishes to announce that the Company had, on 24 October 2025 entered into a conditional sale and purchase agreement (“SPA”) with Yap Chee Kheng (“Vendor”) for the acquisition of 1,533,354 ordinary shares in Tian An, representing approximately 65.72% equity interest in Tian An, for a purchase consideration of RM4,500,000 (“Acquisition”), subject to the terms as set out in the SPA.
Further details of the above are set out in the attachment.
This announcement is dated 24 October 2025. |
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Please refer attachment below.
Announcement Info
| Company Name | WELLSPIRE HOLDINGS BERHAD |
| Stock Name | WELLS |
| Date Announced | 24 Oct 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-24102025-00011 |