MNC

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OTHERS DEALING IN QUOTED SECURITIES UNDER RULE 9.20 OF THE ACE MARKET LISTING REQUIREMENTS

M N C WIRELESS BERHAD

Type

Announcement

Subject

OTHERS

Description

DEALING IN QUOTED SECURITIES UNDER RULE 9.20 OF THE ACE MARKET LISTING REQUIREMENTS

Pursuant to Rule 9.20 of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, MNC Wireless Berhad (“MNC”) wishes to announce that the aggregate sales consideration of quoted securities for the preceding twelve (12) months which has not been announced, has exceeded 5% of MNC’s latest audited consolidated net assets, details are as follows:-

		RM	% of MNC’s latest audited consolidated net assets
a.	Aggregate sales consideration within the preceding twelve (12) months	6,756,003.24	7.27%
b.	Investments in quoted securities as at 30 December 2021
	- Total Cost	2,374,377.13
	- Total Book Value	1,658,926.00
	- Total Market Value	1,658,926.00
c.	i. Net loss arising from the sale of quoted securities by MNC Group during financial year ending 30 April 2022 (Sales proceeds add investment cost and incidental expenses)	(7,200,998.68)
	ii. Net profit arising from the sale of quoted securities by MNC Group during financial year ending 30 April 2022 (Sales proceeds less investment cost and incidental expenses)	Nil

This announcement is dated 31 December 2021.

Announcement Info

Company Name	M N C WIRELESS BERHAD
Stock Name	MNC
Date Announced	31 Dec 2021
Category	General Announcement for PLC
Reference Number	GA1-31122021-00006

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