TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONSSUNZEN BIOTECH BERHAD ("SUNZEN")
PROPOSED ACQUISITIONS BY SUNZEN 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 OF 66,101,694 NEW SUNZEN SHARES
(COLLECTIVELY, THE "PROPOSED ACQUISITIONS")