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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS MALAYAN UNITED INDUSTRIES BERHAD (MUI OR COMPANY) PROPOSED DISPOSAL BY THE SUBSIDIARIES OF MUI OF THE 642,700,783 ORDINARY SHARES, REPRESENTING 69.192% OF THE ISSUED AND PAID UP SHARE CAPITAL OF PAN MALAYSIA HOLDINGS BERHAD

MALAYAN UNITED INDUSTRIES BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description 
MALAYAN UNITED INDUSTRIES BERHAD (MUI OR COMPANY)

PROPOSED DISPOSAL BY THE SUBSIDIARIES OF MUI OF THE 642,700,783 ORDINARY SHARES, REPRESENTING 69.192% OF THE ISSUED AND PAID UP SHARE CAPITAL OF PAN MALAYSIA HOLDINGS BERHAD

Reference is made to the Company’s announcements dated 12 December 2014, 17 December 2014, 11 March 2015 and 10 April 2015 ("Announcements") in relation to the Proposed Disposal. Unless otherwise stated, the definitions used in this announcement shall carry the same meanings as defined in the Announcements.


MUI wishes to announce that the Securities Commission Malaysia had vide its letter dated 7 May 2015 addressed to PMS (a subsidiary of Pan Malaysia Capital Berhad which in turn is the associated company of PMH), rejected PMS’s application for change of controlling shareholder.


The Board will deliberate on the next course of action to be taken and will make the relevant announcement in due course.


This announcement is dated 11 May 2015.



Announcement Info

Company Name MALAYAN UNITED INDUSTRIES BERHAD
Stock Name MUIIND
Date Announced 11 May 2015
Category General Announcement for PLC
Reference Number GA1-11052015-00039




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