The Board of Directors of Matrix Concepts Holdings Berhad, wishes to announce that MCHB Development (KV) Sdn Bhd , a wholly-owned subsidiary of the Company, had on 8 April 2025 entered into 3 separate Share Sale and Purchase Agreements (“SSPA”) for the following proposed acquisitions for a total cash consideration of RM77.9 million:
i) 625,000 Ordinary Shares in Horizon L&L Sdn Bhd ("HLLSB") representing 50% equity interest in HLLSB;
ii) 10,000 Ordinary Shares in Exoland Property Management Sdn Bhd ("EPMSB") representing 100% equity interest in EPMSB;
iii) 225,000 Ordinary Shares in Horizon L&L (Sel) Sdn Bhd ("HLLSEL") representing 30% equity interest in HLLSEL .
Kindly refer to the attachment below for full details.