Aimax says Datasonic may seek price change or walk away if independent property valuation differs

Bitget2026/10/13 10:16

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Aimax’s proposed asset disposals could be repriced if Datasonic’s independent valuation differs from Laurelcap’s appraisal.
Datasonic must be reasonably satisfied with its valuer’s property report as a condition of the second sale agreement.
Any change to the disposal consideration would be negotiated, with no preset adjustment mechanism in the sale agreements.
Failure to agree could allow Datasonic to terminate both sale agreements or vary terms, including price, subject to mutual consent.
No material operational disruption expected; core glove operations are in Sungai Petani, separate from the properties.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Aimax Bhd published the original content used to generate this news brief via Bursa Malaysia (KLSE) (Ref. ID: 3714538) on October 13, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Aimax says Datasonic may seek price change or walk away if independent property valuation differs

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