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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS MUAR BAN LEE GROUP BERHAD ("MBL" OR THE "COMPANY") DISPOSAL OF THE ENTIRE EQUITY INTEREST IN THERON HOLDINGS SDN BHD ("THERON"), A WHOLLY-OWNED SUBSIDIARY OF MBL, FOR A TOTAL CASH CONSIDERATION OF RM19,254,590 ("DISPOSAL")

MUAR BAN LEE GROUP BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
MUAR BAN LEE GROUP BERHAD ("MBL" OR THE "COMPANY")

DISPOSAL OF THE ENTIRE EQUITY INTEREST IN THERON HOLDINGS SDN BHD ("THERON"), A WHOLLY-OWNED SUBSIDIARY OF MBL, FOR A TOTAL CASH CONSIDERATION OF RM19,254,590 ("DISPOSAL")

Unless otherwise stated, defined terms in this announcement shall carry the same meanings as defined in the previous announcements in relation to the Disposal.

 

On behalf of the Board, Malacca Securities wishes to announce that the Company and XOX had, via a letter dated 10 November 2022, mutually agreed to extend the Completion Date of the SSA from 14 November 2022 to 25 November 2022.

 

This announcement is dated 14 November 2022.






Announcement Info

Company Name MUAR BAN LEE GROUP BERHAD
Stock Name MBL
Date Announced 14 Nov 2022
Category General Announcement for PLC
Reference Number GA1-14112022-00039



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