MMIS

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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS MMIS BERHAD ("MMIS" OR THE "COMPANY") PROPOSED ACQUISITION OF A PARCEL OF INDUSTRIAL LAND TOGETHER WITH BUILDINGS CONSTRUCTED THEREON LOCATED AT PLOT 84, JALAN JOHAN 1/2, KAWASAN PERINDUSTRIAN PENGKALAN II, 31550 PUSING, PERAK BY MULTI MOULD INDUSTRIES SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF MMIS FROM FOONG KIM YEN & SONS ENGINEERING WORKS SDN BHD FOR A CASH CONSIDERATION OF RM11.5 MILLION ("PROPOSED ACQUISITION")

MMIS BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
MMIS BERHAD ("MMIS" OR THE "COMPANY")

PROPOSED ACQUISITION OF A PARCEL OF INDUSTRIAL LAND TOGETHER WITH BUILDINGS CONSTRUCTED THEREON LOCATED AT PLOT 84, JALAN JOHAN 1/2, KAWASAN PERINDUSTRIAN PENGKALAN II, 31550 PUSING, PERAK BY MULTI MOULD INDUSTRIES SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF MMIS FROM FOONG KIM YEN & SONS ENGINEERING WORKS SDN BHD FOR A CASH CONSIDERATION OF RM11.5 MILLION ("PROPOSED ACQUISITION")

We refer to the Company’s announcements made on 8 July 2022, 4 August 2022 and 19 August 2022 in relation to the Proposed Acquisition (“Announcements”). For consistency purposes, the abbreviations used in this announcement are the same as those previously defined in the Announcements unless otherwise defined herein.

 

On behalf of the Board, Mercury Securities is pleased to announce that the Company’s solicitors has, via its letter dated 7 February 2023, confirmed that the Proposed Acquisition has been completed on 7 February 2023 following the fulfilment of all conditions precedent of the SPA.

 

This announcement is dated 7 February 2023.






Announcement Info

Company Name MMIS BERHAD
Stock Name MMIS
Date Announced 07 Feb 2023
Category General Announcement for PLC
Reference Number GA1-07022023-00043