AORB

3.100

(%)

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS ALPHA OCEAN RESOURCES BERHAD ("AORB" OR THE "COMPANY") PROPOSED DISPOSAL OF A VESSEL KNOWN AS IBU WIRA 1 BY ASIA TANK TUNA SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF AORB, TO BUMI OCEAN SDN BHD FOR A CASH CONSIDERATION OF RM2.45 MILLION

ALPHA OCEAN RESOURCES BERHAD

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

PROPOSED DISPOSAL OF A VESSEL KNOWN AS IBU WIRA 1 BY ASIA TANK TUNA SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF AORB, TO BUMI OCEAN SDN BHD FOR A CASH CONSIDERATION OF RM2.45 MILLION

On behalf of the Board of Directors of AORB (“Board”), Thinkat Advisory Sdn Bhd (“Thinkat”) wishes to announce that on 21 January 2025, Asia Tank Tuna Sdn Bhd (“ATT”), a wholly-owned subsidiary of AORB, had entered into a Memorandum of Agreement (“MOA”) with Bumi Ocean Sdn Bhd (“BOSB” or the “Purchaser”) for the proposed disposal of a fishing vessel, namely Ibu Wira 1 (“IW1”), for a cash consideration of RM2.45 million (“Consideration”) (“Proposed Disposal”).

 

Please refer to the attachment for further details on the Proposed Disposal.

 

This announcement is dated 21 January 2025. 




Please refer attachment below.



Announcement Info

Company Name ALPHA OCEAN RESOURCES BERHAD
Stock Name AORB
Date Announced 21 Jan 2025
Category General Announcement for PLC
Reference Number GA1-21012025-00079