|Subject||TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)|
NON RELATED PARTY TRANSACTIONS
|Description||BOUSTEAD HOLDINGS BERHAD (“BHB” OR “COMPANY”)|
PROPOSED DISPOSAL OF 66.41% STAKE HELD BY BHB IN THE UNIVERSITY OF NOTTINGHAM IN MALAYSIA SDN BHD (“UNIM”) TO UON HOLDING (MALAYSIA) SDN. BHD. (“PURCHASER”), A WHOLLY-OWNED SUBSIDIARY OF THE UNIVERSITY OF NOTTINGHAM (“UON”), FOR A CASH CONSIDERATION IN RINGGIT MALAYSIA (“RM”) EQUIVALENT TO BRITISH POUND STERLING (“£”) 23,500,000 (APPROXIMATELY RM137,423,300) (“PROPOSED DISPOSAL”)
The Board of Directors of Boustead Holdings Berhad (BHB) wishes to announce that BHB has on 17 August 2021, entered into share sale agreement with the Purchaser for the Proposed Disposal.
Please refer to the attachment for further details of the Proposed Disposal.
This announcement is dated 17 August 2021.
|Company Name||BOUSTEAD HOLDINGS BERHAD|
|Date Announced||17 Aug 2021|
|Category||General Announcement for PLC|
- BHB_-_Proposed_Disposal_(17082021).pdf (Size: 424,252 bytes)