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OTHERS PROPOSED ACQUISITION OF 184,856,447 ORDINARY SHARES IN BOUSTEAD CRUISE CENTRE SDN BHD ("BCC") REPRESENTING 50.0% ORDINARY EQUITY INTEREST IN BCC BY KLANG PORT MANAGEMENT SDN BHD ("KPM") FROM BOUSTEAD HOLDINGS BERHAD ("BHB" OR THE "VENDOR") FOR A CASH CONSIDERATION OF RM115.0 MILLION ("PROPOSED 50% BCC ACQUISITION")

MMC CORPORATION BERHAD

Type Announcement
Subject OTHERS
Description
PROPOSED ACQUISITION OF 184,856,447 ORDINARY SHARES IN BOUSTEAD CRUISE CENTRE SDN BHD ("BCC") REPRESENTING 50.0% ORDINARY EQUITY INTEREST IN BCC BY KLANG PORT MANAGEMENT SDN BHD ("KPM") FROM BOUSTEAD HOLDINGS BERHAD ("BHB" OR THE "VENDOR") FOR A CASH CONSIDERATION OF RM115.0 MILLION ("PROPOSED 50% BCC ACQUISITION")

We refer to our announcements on 19 March 2021 and 10 September 2021 in relation to the Proposed 50% BCC Acquisition (“Announcements”). Unless otherwise defined, the definitions used herein shall have the same meaning as defined in the Announcements.

MMC wishes to announce that the Proposed 50% BCC Acquisition has been completed today in accordance with the terms of the SSPA.

This announcement is dated 23 September 2021.






Announcement Info

Company Name MMC CORPORATION BERHAD
Stock Name MMCCORP
Date Announced 23 Sep 2021
Category General Announcement for PLC
Reference Number GA1-23092021-00056