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HEXTAR TECHNOLOGIES SOLUTIONS BERHAD — Regulatory Filings 2026
May 27, 2026
70702_rns_2026-05-27_5ee88af4-7954-423c-b02a-8d342ed10be3.html
Regulatory Filings
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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS HEXTAR TECHNOLOGIES SOLUTIONS BERHAD ("HEXTECH" OR THE "COMPANY") - SALES AND PURCHASE AGREEMENT BETWEEN CHANNEL LEGION SDN. BHD. AND PACIFIC TRUSTEES BERHAD, ACTING SOLELY IN ITS CAPACITY AS THE TRUSTEE FOR AND ON BEHALF OF KIP REAL ESTATE INVESTMENT TRUST (THE "AGREEMENT" OR THE "SPA")
HEXTAR TECHNOLOGIES SOLUTIONS BERHAD
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS |
| Description | HEXTAR TECHNOLOGIES SOLUTIONS BERHAD ("HEXTECH" OR THE "COMPANY") - SALES AND PURCHASE AGREEMENT BETWEEN CHANNEL LEGION SDN. BHD. AND PACIFIC TRUSTEES BERHAD, ACTING SOLELY IN ITS CAPACITY AS THE TRUSTEE FOR AND ON BEHALF OF KIP REAL ESTATE INVESTMENT TRUST (THE "AGREEMENT" OR THE "SPA") |
| We refer to the Company's announcements made on 29 August 2024, 23 December 2024, 24 December 2024, 24 January 2025, 25 February 2025, 28 May 2025, 12 September 2025, 19 September 2025 and 27 February 2026 ("Announcements"). Unless otherwise defined, all defined terms and abbreviations used in this announcement shall carry the same meaning as those previously defined in the Announcements. The Board of Directors of HexTech wishes to announce that the Vendor and the Purchaser had on 28 May 2026 mutually agreed to terminate the SPA due to the non-fulfilment of certain conditions precedent within the agreed timeframe ("Termination"). Pursuant thereto, the deposit will be refunded in accordance with the terms of the SPA and thereafter, the SPA shall be null and void, and neither party shall have any right or claim against the other arising out of SPA. The Termination is not expected to have any material effect on the issued and paid-up share capital and shareholdings of substantial shareholders, earnings, net assets of the Company for the financial year ending 31 March 2027. This announcement is dated 28 May 2026. |
Announcement Info
| Company Name | HEXTAR TECHNOLOGIES SOLUTIONS BERHAD |
| Stock Name | HEXTECH |
| Date Announced | 28 May 2026 |
| Category | General Announcement for PLC |
| Reference Number | GA1-28052026-00034 |
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