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 |