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MULTIPLE PROPOSALS BOUSTEAD HEAVY INDUSTRIES CORPORATION BERHAD ("BHIC" OR "COMPANY") (I) PROPOSED DISPOSAL; AND (II) PROPOSED INTERCOMPANY TRADE RECEIVABLES SETTLEMENT AGREEMENT ("ITRSA") (PROPOSED ITRSA") (COLLECTIVELY REFERRED TO AS "PROPOSALS")

BOUSTEAD HEAVY INDUSTRIES CORPORATION BHD

Type Announcement
Subject MULTIPLE PROPOSALS
Description
BOUSTEAD HEAVY INDUSTRIES CORPORATION BERHAD ("BHIC" OR "COMPANY")

(I) PROPOSED DISPOSAL; AND
(II) PROPOSED INTERCOMPANY TRADE RECEIVABLES SETTLEMENT AGREEMENT ("ITRSA") (PROPOSED ITRSA")

(COLLECTIVELY REFERRED TO AS "PROPOSALS")

Unless stated otherwise, the terms used in this announcement shall have the same meaning as defined in the announcement dated 3 April 2024.

 

We refer to the announcements dated 3 April 2024, 15 April 2024, 30 April 2024 and 3 May 2024 in relation to the Proposals. 

 

On behalf of the Board of Directors of BHIC, Malacca Securities wishes to announce that all the terms and conditions in respect of the completion of the SSA have been complied and fulfilled on 10 May 2024. As such, the Proposed Disposal is completed today.

 

This announcement is dated 10 May 2024.






Announcement Info

Company Name BOUSTEAD HEAVY INDUSTRIES CORPORATION BHD
Stock Name BHIC
Date Announced 10 May 2024
Category General Announcement for PLC
Reference Number GA1-17042024-00053



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