TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS ALPHA OCEAN RESOURCES BERHAD ("AORB" OR THE "COMPANY") DISPOSAL OF A VESSEL KNOWN AS IBU WIRA 1 BY ASIA TANK TUNA SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF AORB, TO BUMI OCEAN SDN BHD FOR A CASH CONSIDERATION OF RM2.45 MILLION
| ALPHA OCEAN RESOURCES BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | ALPHA OCEAN RESOURCES BERHAD ("AORB" OR THE "COMPANY")
DISPOSAL OF A VESSEL KNOWN AS IBU WIRA 1 BY ASIA TANK TUNA SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF AORB, TO BUMI OCEAN SDN BHD FOR A CASH CONSIDERATION OF RM2.45 MILLION |
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We refer to the announcements dated 21 January 2025, 23 January 2025 and 3 February 2025 (“Announcements”). Unless otherwise stated herein, all definitions used in the Announcements shall apply.
On behalf of the Board, Thinkat wishes to announce that the final payment of the Consideration for the Proposed Disposal has been received on 27 July 2025 and IW1 has been delivered to the Purchaser on 20 May 2025, all in accordance with the MOA. As such, the Proposed Disposal is deemed completed.
This announcement is dated 28 July 2025. |
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Announcement Info
| Company Name | ALPHA OCEAN RESOURCES BERHAD |
| Stock Name | AORB |
| Date Announced | 28 Jul 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-28072025-00041 |