22 June 2023
CIRCULAR TO SHAREHOLDERS OF ECONFRAME BERHAD IN RELATION TO THE PROPOSED ACQUISITIONS FROM YONG KUEN HWAN OF (I) 487,500 ORDINARY SHARES IN THE SHARE CAPITAL OF LEE & YONG ALUMINIUM SDN BHD, REPRESENTING 65% EQUITY INTEREST AND (II) 29,184 ORDINARY SHARES IN THE SHARE CAPITAL OF TRANS UNITED SDN BHD, REPRESENTING 100% EQUITY INTEREST, FOR A TOTAL PURCHASE CONSIDERATION OF RM18,200,000