Greentronics to acquire 51% of Tujuan RE for RM2,000,000 cash
Greentronics Recycle Sdn Bhd will acquire 51,000 ordinary shares in Tujuan RE from DB Karya for RM2,000,000 in a non-related party transaction.
TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): NON RELATED PARTY TRANSACTIONS GREENTRONICS TECHNOLOGY BERHAD ("GREENTRONICS" OR "COMPANY") — ACQUISITION OF A 51% EQUITY INTEREST IN TUJUAN RE SDN BHD ("TUJUAN RE" OR "TARGET") BY GREENTRONICS RECYCLE SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY, FROM DB KARYA SDN BHD FOR A CASH CONSIDERATION OF RM2,000,000 ("ACQUISITION") Greentronics Technology Berhad Type Announcement Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS Description GREENTRONICS TECHNOLOGY BERHAD ("GREENTRONICS" OR "COMPANY") — ACQUISITION OF A 51% EQUITY INTEREST IN TUJUAN RE SDN BHD ("TUJUAN RE" OR "TARGET") BY GREENTRONICS RECYCLE SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY, FROM DB KARYA SDN BHD FOR A CASH CONSIDERATION OF RM2,000,000 ("ACQUISITION") The Board of Directors of Greentronics Technology Berhad ("Greentronics" or "Company") ("Board") wishes to announce that Greentronics Recycle Sdn Bhd [Registration No.
202201034226 (1479923-T)] ("GRSB" or "Purchaser"), a wholly-owned subsidiary of the Company, had on 28 September 2026 entered into a Shares Sale Agreement and Shareholders' Agreement ("Agreement") with DB Karya Sdn Bhd [Registration No. 200101004272 (540028-H)] ("DB Karya" or "Vendor") to acquire 51,000 ordinary shares in Tujuan RE Sdn Bhd [Registration No. 202101029493 (1429793-P)] ("Tujuan RE" or "Target"), representing a 51% equity interest in Tujuan RE (the "Sale Shares"), for a cash consideration of RM2,000,000 ("Consideration") ("Acquisition"). Upon completion of the Acquisition, Tujuan RE will become an indirect 51%-owned subsidiary of Greentronics.
Further details of the Acquisition are set out in the attachment below. This announcement is dated 29 September 2026. Please refer attachment below. 6 kB Announcement Info Company Name GREENTRONICS TECHNOLOGY BERHAD Stock Name GREENTEC Date Announced 29 Sep 2026 Category General Announcement for PLC Reference Number GA1-29092026-00058 Double click on the URL below to view the article.
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