OTHERS MENANG CORPORATION (M) BERHAD ("MENANG" OR "COMPANY") EXECUTION OF HEADS OF AGREEMENT ("HOA") WITH MENANG DEVELOPMENT (M) SDN BHD ("MDSB"), MENANG INDUSTRIES (M) SDN BHD ("MISB") AND WIDAD GROUP BERHAD ("WGB") (FORMERLY KNOWN AS IDEAL JACOBS (MALAYSIA) CORPORATION BHD) IN RESPECT OF THE PROPOSED DISPOSAL OF 71% EQUITY INTEREST IN INNOVATIF MEWAH SDN BHD ("IMSB")
Amended Announcements
Please refer to the earlier announcement reference number: GA1-26112019-00038
| MENANG CORPORATION (M) BERHAD |
| Type | Announcement |
| Subject | OTHERS |
| Description | MENANG CORPORATION (M) BERHAD ("MENANG" OR "COMPANY")
EXECUTION OF HEADS OF AGREEMENT ("HOA") WITH MENANG DEVELOPMENT (M) SDN BHD ("MDSB"), MENANG INDUSTRIES (M) SDN BHD ("MISB") AND WIDAD GROUP BERHAD ("WGB") (FORMERLY KNOWN AS IDEAL JACOBS (MALAYSIA) CORPORATION BHD) IN RESPECT OF THE PROPOSED DISPOSAL OF 71% EQUITY INTEREST IN INNOVATIF MEWAH SDN BHD ("IMSB") |
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We refer to the Company’s earlier announcement made on 27 November 2019 in respect of the Execution of Heads of Agreement (“HOA”) with Menang Development (M) Sdn Bhd (“MDSB”), Menang Industries (M) Sdn Bhd (“MISB”) and Widad Group Berhad (“WGB”) (Formerly known as Ideal Jacobs (Malaysia) Corporation Bhd) in respect of the proposed disposal of 71% equity interest in Innovatif Mewah Sdn Bhd (“IMSB”).
It was noted that there was a typographical error on item 5 of the attached announcement. The "Proposed Acquisition" should read as "Proposed Disposal" instead.
The Amended details of the Announcement is attached for your easy reference.
This Announcement is dated 29 November 2019.
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Please refer attachment below.
Announcement Info
| Company Name | MENANG CORPORATION (M) BERHAD |
| Stock Name | MENANG |
| Date Announced | 29 Nov 2019 |
| Category | General Announcement for PLC |
| Reference Number | GA1-28112019-00095 |