TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS DISPOSAL OF 51% EQUITY INTEREST IN PT. SERDANG JAYA PERDANA (SJP) BY ITS WHOLLY-OWNED SUBSIDIARY, MUAR BAN LEE ENGINEERING SDN BHD (MBLE) OF THE COMPANY FOR A TOTAL NET SALE CONSIDERATION OF IDR36,000,000,000.00 (EQUIVALENT TO APPROXIMATELY RM11,000,000.00) (THE DISPOSAL)
| MUAR BAN LEE GROUP BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | DISPOSAL OF 51% EQUITY INTEREST IN PT. SERDANG JAYA PERDANA (SJP) BY ITS WHOLLY-OWNED SUBSIDIARY, MUAR BAN LEE ENGINEERING SDN BHD (MBLE) OF THE COMPANY FOR A TOTAL NET SALE CONSIDERATION OF IDR36,000,000,000.00 (EQUIVALENT TO APPROXIMATELY RM11,000,000.00) (THE DISPOSAL) |
|
Further to our announcement made on 17 November 2022, the Board of Directors of Muar Ban Lee Group Berhad is pleased to announce that the Disposal has been completed today.
This announcement is dated 7 December 2022.
|
|
Announcement Info
| Company Name | MUAR BAN LEE GROUP BERHAD |
| Stock Name | MBL |
| Date Announced | 07 Dec 2022 |
| Category | General Announcement for PLC |
| Reference Number | GA1-07122022-00011 |