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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS DISPOSAL OF THE REMAINING SHARES OF 84,413 ORDINARY SHARES IN KL RESOURCES PTE LTD HELD BY INTRAPAC (SINGAPORE) PTE LTD, A 70% OWNED SUBSIDIARY OF MUDA HOLDINGS BERHAD

MUDA HOLDINGS BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
DISPOSAL OF THE REMAINING SHARES OF 84,413 ORDINARY SHARES IN KL RESOURCES PTE LTD HELD BY INTRAPAC (SINGAPORE) PTE LTD, A 70% OWNED SUBSIDIARY OF MUDA HOLDINGS BERHAD

The Board of Muda Holdings Berhad ("the Company") wishes to announce that the Company's indirect 70% owned subsidiary, Intrapac (Singapore) Pte Ltd (198204948Z) has entered into an agreement to dispose of the remaining shares of 84,413 ordinary shares representing 16.88% of the issued and paid up capital of KL Resources Pte Ltd for a total cash consideration of Singapore Dollars Six Million Seven Hundred Twelve Thousand Eight Hundred Twenty Six Only (SGD6,712,826) (equivalent to RM23,063,256 at assumed exchange rate of RM3.4357 for SGD1.00). 

 

Please refer to the attachment for announcement details.

 

This announcement is dated 18 July 2023.




Please refer attachment below.



Announcement Info

Company Name MUDA HOLDINGS BERHAD
Stock Name MUDA
Date Announced 18 Jul 2023
Category General Announcement for PLC
Reference Number GA1-18072023-00010



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