OTHERS HONG SENG CONSOLIDATED BERHAD (FORMERLY KNOWN AS MSCM HOLDINGS BERHAD) ("HONG SENG" OR THE "COMPANY") AND ITS SUBSIDIARIES ("HONG SENG GROUP" OR THE "GROUP") - HEADS OF AGREEMENT
| HONG SENG CONSOLIDATED BERHAD |
| Type | Announcement |
| Subject | OTHERS |
| Description | HONG SENG CONSOLIDATED BERHAD (FORMERLY KNOWN AS MSCM HOLDINGS BERHAD) ("HONG SENG" OR THE "COMPANY") AND ITS SUBSIDIARIES ("HONG SENG GROUP" OR THE "GROUP") - HEADS OF AGREEMENT |
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The Board of Directors of Hong Seng wishes to announce that HS Bio Sdn Bhd (formerly known as HS Bio Supplies Sdn Bhd), a wholly-owned subsidiary of the Company has on 8 October 2021 entered into a Heads of Agreement with Russell Walter Boyd in relation to the proposed acquisition of 510,000 ordinary shares in Pow Pocket Sdn Bhd ("Pow Pocket"), representing 51% of the equity interest in Pow Pocket for a total proposed purchase consideration of RM200 million.
Details of the announcement are set out in the file attached.
This announcement is dated 8 October 2021. |
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Please refer attachment below.
Announcement Info
| Company Name | HONG SENG CONSOLIDATED BERHAD |
| Stock Name | HONGSENG |
| Date Announced | 08 Oct 2021 |
| Category | General Announcement for PLC |
| Reference Number | GA1-08102021-00015 |