Asset Acquisitions and Disposals::PROPOSED INVESTMENT AND ACQUISITION OF SHARES IN HANAMARU AUTO TRADING (MALAYSIA) SDN. BHD.

Issuer & Securities

Issuer/ Manager
MEGROUP LTD.
Securities
MEGROUP LTD. - SGXE43386122 - SJY
Stapled Security
No

Announcement Details

Announcement Title
Asset Acquisitions and Disposals
Date &Time of Broadcast
19-Aug-2022 19:21:09
Status
New
Announcement Sub Title
PROPOSED INVESTMENT AND ACQUISITION OF SHARES IN HANAMARU AUTO TRADING (MALAYSIA) SDN. BHD.
Announcement Reference
SG220819OTHRLLTG
Submitted By (Co./ Ind. Name)
Wong Cheong Chee
Designation
Executive Chairman and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Please refer to the following documents attached:

1) Announcement on Proposed Investment and Acquisition of Shares in Hanamaru Auto Trading (Malaysia) Sdn. Bhd.; and

2) Media Release - MeGroup expands automotive business with acquisition of stake in online auction platform.

This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor, UOB Kay Hian Private Limited (the "Sponsor") for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited ("SGX-ST") Listing Manual Section B: Rules of Catalist.

This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this announcement, including the accuracy, completeness or correctness of any of the information, statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Mr Lance Tan, Senior Vice President, at 8 Anthony Road, #01-01, Singapore 229957, Telephone (65) 6590 6881.

Attachments