TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS DESTINI BERHAD ("DESTINI" OR THE "COMPANY") PROPOSED ACQUISITION BY TF CORP PTE LTD ("TF CORP" OR THE "PURCHASER"), A WHOLLY-OWNED SUBSIDIARY OF DESTINI OF 290,012 ORDINARY SHARES IN TROVON GROUP PTY LIMITED ("TGPL") ("SALE SHARES"), REPRESENTING 100% EQUITY INTEREST IN TGPL, FOR A PURCHASE CONSIDERATION OF AUD100 TO BE SATISFIED ENTIRELY VIA CASH ("PROPOSED ACQUISITION")

DESTINI BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description 
DESTINI BERHAD ("DESTINI" OR THE "COMPANY") 
PROPOSED ACQUISITION BY TF CORP PTE LTD ("TF CORP" OR THE "PURCHASER"), A WHOLLY-OWNED SUBSIDIARY OF DESTINI OF 290,012 ORDINARY SHARES IN TROVON GROUP PTY LIMITED ("TGPL") ("SALE SHARES"), REPRESENTING 100% EQUITY INTEREST IN TGPL, FOR A PURCHASE CONSIDERATION OF AUD100 TO BE SATISFIED ENTIRELY VIA CASH ("PROPOSED ACQUISITION")

We refer to the announcement dated 5 December 2024 (“Announcement”) in relation to the Proposed Acquisition. Unless otherwise stated, the definitions used herein shall have the same meanings referred to in the Announcement.

The Board of Directors of Destini wishes to announce the additional information in relation to the Proposed Acquisition announced on 5 December 2024 as set out in the attachment enclosed.

This announcement is dated 10 December 2024.



Announcement Info

Company Name DESTINI BERHAD
Stock Name DESTINI
Date Announced 10 Dec 2024
Category General Announcement for PLC
Reference Number GA1-10122024-00071