TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS MULTI-USAGE HOLDINGS BERHAD ("MUH" OR "THE COMPANY") - PROPOSED DISPOSAL OF 750,000 ORDINARY SHARES REPRESENTING 100% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF MULTI-USAGE PROPERTY SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY
| MULTI-USAGE HOLDINGS BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | MULTI-USAGE HOLDINGS BERHAD ("MUH" OR "THE COMPANY")
- PROPOSED DISPOSAL OF 750,000 ORDINARY SHARES REPRESENTING 100% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF MULTI-USAGE PROPERTY SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY |
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The Board of Directors of MUH wishes to announce that the Company had on 24 April 2024 entered into a Share Sale Agreement with Lee Poh Chuan to dispose the 750,000 ordinary shares of Multi-Usage Property Sdn. Bhd., a wholly-owned subsidiary of the Company (“MUPSB”), representing 100% of the issued and paid-up share capital of MUPSB for a total cash consideration of Ringgit Malaysia One Hundred (RM100.00) only ("Proposed Disposal").
Upon completion of the Proposed Disposal, MUPSB shall ceased to be a wholly-owned subsidiary of MUH.
Please refer to the attached announcement for further details.
This announcement is dated 24 April 2024. |
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Please refer attachment below.
Announcement Info
| Company Name | MULTI-USAGE HOLDINGS BERHAD |
| Stock Name | MUH |
| Date Announced | 24 Apr 2024 |
| Category | General Announcement for PLC |
| Reference Number | GA1-24042024-00014 |