General Announcement::ACQUISITION OF PROPERTIES, PLANT & MACHINERY BY M SMELT (C) SDN. BHD.
Issuer & Securities
MALAYSIA SMELTING CORP BHD 100
MALAYSIA SMELTING CORP BHD 100 - MYL5916OO001 - NC9
Date &Time of Broadcast
Announcement Sub Title
ACQUISITION OF PROPERTIES, PLANT & MACHINERY BY M SMELT (C) SDN. BHD.
Submitted By (Co./ Ind. Name)
SHARIFAH FARIDAH ABDUL RASHEED
Effective Date and Time of the event
Description (Please provide a detailed description of the event in the box below)
MALAYSIA SMELTING CORPORATION BERHAD ( "MSC" OR THE "COMPANY")
PROPOSED ACQUISITION BY M SMELT (C) SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF MSC, OF THREE PARCELS OF INDUSTRIAL LAND HELD UNDER HSD 67798 PT 64536, HSD 67799 PT 64537 AND HSD 67800 PT 64538 MUKIM KLANG DAERAH KLANG NEGERI SELANGOR ("PROPERTIES") AND PLANT AND MACHINERY SITUATED ON THE PROPERTIES, FOR A TOTAL CASH CONSIDERATION OF RM50.0 MILLION (COLLECTIVELY THE "PROPOSED ACQUISITIONS")
We refer to the announcement dated 15 June 2016 in relation to the Proposed Acquisitions.
The Board of Directors of MSC wishes to announce that the Proposed Acquisitions was completed on 21 November 2016.
This announcement is dated 21 November 2016.