TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONSSUNZEN BIOTECH BERHAD ("SUNZEN" OR "COMPANY")
PROPOSED ACQUISITIONS OF THE REMAINING 30% EQUITY INTEREST IN:
(I) ECOLITE BIOTECH MANUFACTURING SDN BHD ("ECOLITE"), A 70%-OWNED SUBSIDIARY OF SUNZEN FOR A PURCHASE CONSIDERATION OF RM15.00 MILLION; AND
(II) YANMING RESOURCES SDN BHD, A 70%-OWNED SUBSIDIARY OF ECOLITE, FOR A PURCHASE CONSIDERATION OF RM4.50 MILLION,
TO BE SATISFIED ENTIRELY BY THE ISSUANCE AND ALLOTMENT OF NEW SUNZEN SHARES
(COLLECTIVELY, "PROPOSED ACQUISITIONS")