​Aggregation of transactions

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10.61

Z Bhd, a listed issuer enters into transactions involving the acquisitions and disposal of securities in A Sdn Bhd with various parties who are not connected with each other. The transactions are as follows:

​MainFAQ 10.61-table.PNG
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Must the above transactions be aggregated to determine whether Z Bhd needs to comply with Chapter 10 of the Main LR in respect of the aggregated transactions?

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​​Yes, pursuant to paragraph 10.12(2)(b) of the Main LR and paragraph 2.0 of Practice Note 14, the transactions must be aggregated as follows:
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​Transaction 2 will be aggregated with Transaction 1 where Z Bhd will be required to announce Transactions 1 and 2 in accordance with paragraph 10.06 of the Main LR.
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​Transaction 3 will be aggregated with Transactions 1 and 2 where Z Bhd will be required to, amongst others, seek its shareholder approval for Transaction 3 in accordance with paragraph 10.07 of the Main LR. However, Z Bhd must ensure that the circular issued to its shareholders includes information on Transactions 1, 2 and 3.
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