D'nonce Technology Bhd. (KLSE:DNONCE) entered into a share sale agreement to acquire 99.9991% stake in Komark (Thailand) Co. Ltd. from General Labels & Labelling (M) Sdn. Bhd. on August 11, 2022. The deal is subject to the approval by the shareholders of D'nonce Technology Bhd, regulatory approvals and due diligence consummation. Roy Ho Yew Kee and Chan Jee Peng would transfer their 1 ordinary share each in the issued share capital of Komark Thailand to Mr Choong Lee Aun as designated person. The deal is expected to close on February 10, 2023. As of December 23, 2022, the Board of Directors of Komarkcorp announced that the SSA has become unconditional upon fulfilment of all the conditions precedent to the SSA. As of December 23, 2022, The Board of Directors of Komarkcorp wishes to announce that the SSA has become unconditional upon fulfilment of all the conditions precedent to the SSA.

D'nonce Technology Bhd. (KLSE:DNONCE) completed the acquisition of 99.9991% stake in Komark (Thailand) Co. Ltd. from General Labels & Labelling (M) Sdn. Bhd. on December 29, 2022.