TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS HUME CEMENT INDUSTRIES BERHAD ("HCIB" OR THE "COMPANY") PROPOSED DISPOSAL OF 30,000,000 ORDINARY SHARES IN HUME CONCRETE SDN BHD ("HCCT"), A WHOLLY-OWNED SUBSIDIARY OF HCIB, REPRESENTING 100.0% EQUITY INTEREST IN HCCT, BY HCIB TO YTL CEMENT (SARAWAK) SDN BHD FOR A BASE DISPOSAL PRICE OF RM215.0 MILLION ("PROPOSED DISPOSAL")
| HUME CEMENT INDUSTRIES BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | HUME CEMENT INDUSTRIES BERHAD ("HCIB" OR THE "COMPANY")
PROPOSED DISPOSAL OF 30,000,000 ORDINARY SHARES IN HUME CONCRETE SDN BHD ("HCCT"), A WHOLLY-OWNED SUBSIDIARY OF HCIB, REPRESENTING 100.0% EQUITY INTEREST IN HCCT, BY HCIB TO YTL CEMENT (SARAWAK) SDN BHD FOR A BASE DISPOSAL PRICE OF RM215.0 MILLION ("PROPOSED DISPOSAL") |
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Reference is made to the announcements dated 12 December 2025, 12 February 2026, 13 February 2026 and 4 March 2026 and the circular to the shareholders of HCIB dated 13 February 2026 in relation to the Proposed Disposal (“Circular”). Unless otherwise stated, words and phrases used in this announcement shall have the same meaning as defined in the Circular.
On behalf of the Board, HLIB wishes to announce that the condition precedent set out in the SPA has been fulfilled on 4 March 2026, resulting in the SPA being unconditional on even date.
This announcement is dated 4 March 2026. |
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Announcement Info
| Company Name | HUME CEMENT INDUSTRIES BERHAD |
| Stock Name | HUMEIND |
| Date Announced | 04 Mar 2026 |
| Category | General Announcement for PLC |
| Reference Number | GA1-04032026-00025 |