OTHERS NOVA MSC BERHAD (NOVAMSC OR THE COMPANY) PROPOSED DISPOSAL OF 31,875 ORDINARY SHARE IN PRIMUSTECH PTE LTD (PRIMUSTECH) REPRESENTING 51% EQUITY INTEREST IN PRIMUSTECH HELD BY NOVAMSC TO JAPAN ASIA GROUP LIMITED (JAG LIMITED OR THE PURCHASER) FOR A TOTAL CASH CONSIDERATION OF SGD3,000,000

NOVA MSC BERHAD
25 Jul 2018

The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the earlier announcements in relation to the Proposed Disposal.

We refer to the announcement made on 12 July 2018 in relation to the Proposed Disposal.

The Board of Directors of NOVAMSC wishes to announce that the Proposed Disposal has been completed on 25 July 2018. Accordingly Primustech is no longer a subsidiary of NOVAMSC.

This announcement is dated 25 July 2018.