TONGHER

2.420

(%)

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS COMPLETION OF ACQUISITION OF HWANG SHIN INDUSTRIAL (M) SDN. BHD. BY TONG HEER ALUMINIUM INDUSTRIES SDN. BHD.

TONG HERR RESOURCES BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description
COMPLETION OF ACQUISITION OF HWANG SHIN INDUSTRIAL (M) SDN. BHD. BY TONG HEER ALUMINIUM INDUSTRIES SDN. BHD.

 

For consistency purposes, the abbreviations and definitions used throughout this announcement are the same as those previously defined in the announcement dated January 25, 2021 unless otherwise stated.

 

The Board of Directors of Tong Herr Resources Berhad [Registration No. 199701016642 (432139-W)] (“THR”) wishes to announce that Tong Heer Aluminium Industries Sdn. Bhd. [Registration No. 199001009104 (200675-U)] (“THA”), a 51% owned subsidiary of THR had completed the acquisition of Hwang Shin Industrial (M) Sdn. Bhd. [Registration No. 199001013122 (204692-K)] (“HSI”) on April 13, 2021 and consequently, HSI is now 100% owned by THA and THR has a deemed interest of 51% equity interest in HSI.

 

This announcement is dated April 13, 2021

 






Announcement Info

Company Name TONG HERR RESOURCES BERHAD
Stock Name TONGHER
Date Announced 13 Apr 2021
Category General Announcement for PLC
Reference Number GA1-09042021-00065