TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS SARAWAK CABLE BERHAD ("SCB" OR THE COMPANY") PROPOSED DISPOSAL OF EQUITY INTEREST HELD IN PT INPOLA MITRA ELEKTRINDO ("PT IME") TO KAB ENERGY HOLDINGS SDN BHD ("KEH" OR "THE PURCHASER"), A WHOLLY OWNED SUBSIDIARY OF KEJURUTERAAN ASASTERA BERHAD ("KAB")
| SARAWAK CABLE BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | SARAWAK CABLE BERHAD ("SCB" OR THE COMPANY")
PROPOSED DISPOSAL OF EQUITY INTEREST HELD IN PT INPOLA MITRA ELEKTRINDO ("PT IME") TO KAB ENERGY HOLDINGS SDN BHD ("KEH" OR "THE PURCHASER"), A WHOLLY OWNED SUBSIDIARY OF KEJURUTERAAN ASASTERA BERHAD ("KAB") |
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(Unless stated otherwise, definitions used in this announcement shall carry the same meaning as defined in the Company’s announcement in relation to the Proposed Disposal dated 19 January 2022).
We refer to the announcement dated 19 January 2022 in relation to the Proposed Disposal.
On behalf of the Board of Directors of SCB, Thinkat Advisory Sdn Bhd wishes to announce that the Company and the Purchaser, by way of an exchange of letters between 10th to 28th March 2022, mutually agreed to extend the Due Diligence Period by one (1) month for the completion of the Due Diligence to be carried out on PT IME.
This announcement is dated 28 March 2022. |
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Announcement Info
| Company Name | SARAWAK CABLE BERHAD |
| Stock Name | SCABLE |
| Date Announced | 28 Mar 2022 |
| Category | General Announcement for PLC |
| Reference Number | GA1-28032022-00058 |