The Board of Directors of ETA ("Board") wishes to announce that the Company had on 25 September 2026 entered into a share sale agreement ("SSA") with VIP Bonanza Sdn Bhd ("Purchaser") for the following:-
proposed disposal of 684 ordinary shares in PT Rex Canning ("PT Rex"), representing 38% equity interest in PT Rex, by ETA to the Purchaser for a disposal consideration of RM14,043,090; and
- proposed disposal of 580,000 ordinary shares in Rex Foods Sdn Bhd ("Rex Foods"), representing 100% equity interest in Rex Foods, by ETA to the Purchaser for a disposal consideration of RM8,683,021,
to be satisfied entirely via cash ("Proposed Disposal").
PT Rex and Rex Foods are hereinafter collectively referred to as the "Disposal Subsidiaries".
Please refer to the attachment for further details of the Proposed Disposal.
The announcement is dated 25 September 2026.