The Board of Directors of JHM wishes to announce that Morrissey Integrated Dynamics Sdn. Bhd., a wholly-owned subsidiary of the Company, had on 29 December 2020 acquired fixed assets relating to Die Casting machines and Computer Numerical Control machines of E2E Technology Sdn. Bhd. [Company No. 200901035493 (878610-P)] for a total cash consideration of Ringgit Malaysia Two Million Seven Hundred Ninety Three Thousand Two Hundred Sixty Five and Sen Sixty Eight (RM2,793,265.68) only (“Acquisition”).
Please refer to the attachment for the details of the Acquisition.
This announcement is dated 29 December 2020.