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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS MUDAJAYA GROUP BERHAD ("MGB") - PROPOSED DISPOSAL OF SHARES BY MUDAJAYA CORPORATION BERHAD (A WHOLLY-OWNED SUBSIDIARY OF MGB) IN MIPP INTERNATIONAL LTD

MUDAJAYA GROUP BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
MUDAJAYA GROUP BERHAD ("MGB")
-  PROPOSED DISPOSAL  OF  SHARES  BY  MUDAJAYA  CORPORATION  BERHAD (A WHOLLY-OWNED SUBSIDIARY OF MGB) IN MIPP INTERNATIONAL LTD

Pursuant to Chapter 10, Paragraph 10.06 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, we wish to announce that Mudajaya Corporation Berhad, a wholly-owned subsidiary of MGB has on 27 December 2019, entered into a Share Sale and Purchase Agreement for the proposed disposal of its entire 80% equity interest in MIPP International Ltd, comprising 1,600,000 ordinary shares to Master One Global Limited for a total cash consideration of RM150,000. 

 

Kindly refer to the attached document for the complete announcement.

 

This announcement is dated 27 December 2019.




Please refer attachment below.

Attachments

Disposal of shares in MIPP.pdf
136.8 kB



Announcement Info

Company Name MUDAJAYA GROUP BERHAD
Stock Name MUDAJYA
Date Announced 27 Dec 2019
Category General Announcement for PLC
Reference Number GA1-27122019-00064




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