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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS MALAYSIAN BULK CARRIERS BERHAD ("MBC" OR THE "COMPANY") PROPOSED DISPOSAL MANDATE

MALAYSIAN BULK CARRIERS BERHAD

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

PROPOSED DISPOSAL MANDATE

On behalf of the Board of Directors of MBC, Inter-Pacific Securities Sdn Bhd wishes to announce that the Company intends to obtain a shareholders’ mandate for the disposal of Alam Kekal, a bulk carrier, by Kekal Shipping Pte Ltd, an indirect wholly-owned subsidiary of MBC to a non-related third party to be identified for a disposal consideration to be determined and satisfied entirely in cash (“Proposed Disposal Mandate”).

 

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

 

This announcement is dated 20 June 2023.




Please refer attachment below.



Announcement Info

Company Name MALAYSIAN BULK CARRIERS BERHAD
Stock Name MAYBULK
Date Announced 20 Jun 2023
Category General Announcement for PLC
Reference Number GA1-13062023-00010



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