PMBTECH

2.670

+0.05 (+1.9%)

Circular/Notice to Shareholders

PMB TECHNOLOGY BERHAD

Subject CIRCULAR TO SHAREHOLDERS IN RELATION TO THE:- PART A (I) PROPOSED DISPOSAL OF THE ENTIRE EQUITY INTERESTS IN PMB CENTRAL SDN BHD, PMB NORTHERN SDN BHD AND PMB EASTERN SDN BHD BY EVERLAST ALUMINIUM (M) SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF PMB TECHNOLOGY BERHAD ("PMBT"), TO PMB (KLANG) SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF PRESS METAL INTERNATIONAL (HK) LIMITED, WHICH IN TURN IS A WHOLLY-OWNED SUBSIDIARY OF PRESS METAL ALUMINIUM HOLDINGS BERHAD, FOR AN AGGREGATE CASH CONSIDERATION OF RM43,182,000; AND (II) PROPOSED DISPOSAL OF THE ENTIRE EQUITY INTEREST IN PMB ALUMINIUM SABAH SDN BHD BY PMBT TO PMB (KLANG) SDN BHD FOR A CASH CONSIDERATION OF RM1,204,000 (COLLECTIVELY REFERRED TO AS THE "PROPOSALS") PART B INDEPENDENT ADVICE LETTER TO THE NON-INTERESTED SHAREHOLDERS OF PMBT IN RELATION TO THE PROPOSALS


Please refer attachment below.



Announcement Info

Company Name PMB TECHNOLOGY BERHAD
Stock Name PMBTECH
Date Announced 03 Dec 2019
Category Document Submission
Reference Number DCS-01122019-00001