TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS PROPOSED DISPOSAL OF 69,022,201 ORDINARY SHARES AND 2,000 REDEEMABLE PREFERENCE SHARES REPRESENTING 100% SHARES IN MELEWAR INTEGRATED ENGINEERING SDN BHD
| MELEWAR INDUSTRIAL GROUP BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | PROPOSED DISPOSAL OF 69,022,201 ORDINARY SHARES AND 2,000 REDEEMABLE PREFERENCE SHARES REPRESENTING 100% SHARES IN MELEWAR INTEGRATED ENGINEERING SDN BHD |
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The Board of Directors of MIGB (“Board”) (“the Vendor”) wishes to announce that the Company has on 14 August 2020 entered into Share Sale Agreement (“SSA”) with Datuk Uwe Ahrens (“the Purchaser”) for the disposal of 69,022,201 ordinary shares and 2,000 redeemable preference shares in Melewar Integrated Engineering Sdn Bhd (“MIE”) (Registration No.: 200301004641 (607061-A)) for a cash consideration of RM 750,000.00 only (“Disposal Consideration”) (“Proposed Disposal”).
The details of the announcement are as per the attachment.
This announcement is dated 14 August 2020. |
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Please refer attachment below.
Announcement Info
| Company Name | MELEWAR INDUSTRIAL GROUP BERHAD |
| Stock Name | MELEWAR |
| Date Announced | 14 Aug 2020 |
| Category | General Announcement for PLC |
| Reference Number | GA1-14082020-00029 |