• RM576 Save up to RM288 with the Yearly Premium Plan (Limited Time Only)
  • RM480 Save up to RM240 with the Yearly Advanced Plan (Limited Time Only)
Subscribe Now
premium Subscription Plan
add free StockBiz
YouTube MS Production

Last Price Change Volume
KLSE Market Watch
Open: Day Range: Prev Close:


OTHERS HONG LEONG INDUSTRIES BERHAD ("HLI" OR THE "COMPANY") PROPOSED DISPOSAL OF THE ENTIRE EQUITY INTEREST IN HUME CEMBOARD INDUSTRIES SDN BHD ("HCB") BY HLI TO SAINT-GOBAIN MALAYSIA SDN BHD

HONG LEONG INDUSTRIES BERHAD

Type Announcement
Subject OTHERS
Description
HONG LEONG INDUSTRIES BERHAD ("HLI" OR THE "COMPANY")

PROPOSED DISPOSAL OF THE ENTIRE EQUITY INTEREST IN HUME CEMBOARD INDUSTRIES SDN BHD ("HCB") BY HLI TO SAINT-GOBAIN MALAYSIA SDN BHD

We refer to the announcement dated 14 June 2023. Unless stated otherwise, the terms used in this announcement shall have the same meanings as defined in our earlier announcement.

 

HLI wishes to inform that the Proposed Disposal of HCB has been completed today. Upon completion, HCB has ceased to be a subsidiary of HLI.

 

The Proposed Disposal was completed for an Estimated Purchase Price of RM76.13 million. The Purchase Price for the Sale Shares is subject to further post-completion confirmation by the parties, and adjustment if required, pursuant to the terms of the SPA.

 

 

This announcement is dated 30 November 2023.

 






Announcement Info

Company Name HONG LEONG INDUSTRIES BERHAD
Stock Name HLIND
Date Announced 30 Nov 2023
Category General Announcement for PLC
Reference Number GA1-29112023-00021



Close
New Feature
MS Academy
AI StockMaster. Beat The Market! Checking MS Signal
DETECT REAL-TIME STOCK MOVEMENT
X
(InvestorPro Plan Only)
Complimentary access on Premium Plan*
What is AI StockMaster?
Window Alert On-Screen Alert X
X