TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS UNITRADE INDUSTRIES BERHAD (“UIB” OR “THE COMPANY”) - PROPOSED ACQUISITION BY INTERGREEN METALS SDN BHD (“IMSB”), A SUBSIDIARY OF UIB, OF 51.0% EQUITY INTEREST IN KIEN SAN METAL SDN BHD (“KSMSB”) FOR A TOTAL CASH CONSIDERATION OF RM42.0 MILLION (“PROPOSED ACQUISITION”)
| UNITRADE INDUSTRIES BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | UNITRADE INDUSTRIES BERHAD (“UIB” OR “THE COMPANY”) - PROPOSED ACQUISITION BY INTERGREEN METALS SDN BHD (“IMSB”), A SUBSIDIARY OF UIB, OF 51.0% EQUITY INTEREST IN KIEN SAN METAL SDN BHD (“KSMSB”) FOR A TOTAL CASH CONSIDERATION OF RM42.0 MILLION (“PROPOSED ACQUISITION”) |
|
Unless stated otherwise, the terms used herein shall carry the same meaning as those defined in the earlier announcement dated 23 January 2025.
Further to Unitrade Industries Berhad’s (“UIB” or the “Company”) announcement dated 23 January 2025 and Bursa Malaysia Securities Berhad’s (“Bursa Securities”) email correspondence duly received by the Company on 24 January 2025, the Company wishes to announce the following additional information as required by Bursa Securities:-
This announcement is dated 27 January 2025. |
|
Announcement Info
| Company Name | UNITRADE INDUSTRIES BERHAD |
| Stock Name | UNITRAD |
| Date Announced | 27 Jan 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-27012025-00015 |