MSM

3.160

-0.03 (-0.9%)

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS MSM MALAYSIA HOLDINGS BERHAD ("MSMH" OR "THE COMPANY") PROPOSED DISPOSAL OF THE ENTIRE EQUITY INTEREST HELD IN MSM PERLIS SDN BHD FOR AN INITIAL DISPOSAL CONSIDERATION OF RM175.0 MILLION (SUBJECT TO ADJUSTMENT FOR NET DEBT AND NET WORKING CAPITAL AT COMPLETION)

MSM MALAYSIA HOLDINGS BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description
MSM MALAYSIA HOLDINGS BERHAD ("MSMH" OR "THE COMPANY")
PROPOSED DISPOSAL OF THE ENTIRE EQUITY INTEREST HELD IN MSM PERLIS SDN BHD FOR AN INITIAL DISPOSAL CONSIDERATION OF RM175.0 MILLION (SUBJECT TO ADJUSTMENT FOR NET DEBT AND NET WORKING CAPITAL AT COMPLETION)

Reference is made to the announcements dated 30 April 2021, 5 May 2021, 6 May 2021 and 8 June 2021. Unless otherwise stated, definitions used throughout this announcement shall carry the same meaning as those defined in the announcements dated 30 April and 8 June 2021.

 

The Board of Directors of the Company wishes to announce that the Company had, on 28 July 2021, mutually agreed with FGVIF to extend:

  1. the Cut-Off Date for the satisfaction or waiver (as the case may be) of the Conditions from 31 August 2021 to 20 September 2021; and
  2. the date of Completion from no later than 10 September 2021 to no later than 29 September 2021,

or such other dates as may be mutually agreed by both parties.

 

Other terms and conditions of the MSMP SSA remain unchanged.

 

This announcement is dated 28 July 2021.






Announcement Info

Company Name MSM MALAYSIA HOLDINGS BERHAD
Stock Name MSM
Date Announced 28 Jul 2021
Category General Announcement for PLC
Reference Number GA1-28072021-00017