EMICO

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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS EMICO HOLDINGS BERHAD ("EMICO" OR "THE COMPANY") ACQUISITION OF 20% EQUITY INTEREST IN PKB-OPERASI TEMBAGA SDN. BHD. BY EMICO DEVELOPMENT SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY

EMICO HOLDINGS BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
EMICO HOLDINGS BERHAD ("EMICO" OR "THE COMPANY")
ACQUISITION OF 20% EQUITY INTEREST IN PKB-OPERASI TEMBAGA SDN. BHD. BY EMICO DEVELOPMENT SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY

The Board of Directors of EMICO wishes to announce that Emico Development Sdn. Bhd., a wholly-owned subsidiary of the Company, had on 03 May 2023 entered into a Share Sale Agreement with Permodalan Kedah Berhad [Registration No. 199401001883 (287561-V)] for the purchase of 20% equity interest in PKB-Operasi Tembaga Sdn. Bhd. [Registration No. 199601000244 (372589-U)]  for a total consideration of RM3,605,829.44.

 

Details of the announcement are set out in the attachment.

 

This announcement is dated 03 May 2023.




Please refer attachment below.



Announcement Info

Company Name EMICO HOLDINGS BERHAD
Stock Name EMICO
Date Announced 03 May 2023
Category General Announcement for PLC
Reference Number GA1-16032023-00023