【RGB 0037 交流专区】RGB国际（DGATE 0037)

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RGB INTERNATIONAL BHD

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS
Description	RGB INTERNATIONAL BHD. (RGBI or the Company)- ACQUISITION OF 20% PARTICIPATION INTEREST FROM TIMOR HOLDING S.A. BY A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY, RGB LTD.
The Board of Directors (“Board”) of RGBI wishes to announce that the Board had on 19 April 2024 approved and ratified the entering of a Deed of Assignment (“DOA”) on 1 January 2023 by its wholly-owned subsidiary, RGB Ltd (“RGBL”) with Timor Holdings S.A. (“THSA”) for acquiring 20% of its participation interest in the Product Leasing Agreement (“PLA”), involving the acquisition of 86 units of electronic gaming machines in exchange for 20% share in the rental revenues from the net winnings derived from the operation of all the electronic gaming machines under the PLA after deducting the relevant taxes and joint expenses (“Net Rental Revenues”), at a total consideration of USD2,223,395.80 [equivalent to approximately RM9,816,292.46 (USD1:RM4.4150 as at 1 January 2023)] (“Purchase Consideration”) (“the Acquisition”). The Acquisition is a related party transaction pursuant to Paragraph 10.08 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad. Please refer the attachment for detals of the announcement. This announcement is dated 19 April 2024.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3439391

Attachments RGBI_Acqusition of participation of interest.pdf