General Announcement::PROPOSED ACQUISITION

Issuer & Securities

Issuer/ Manager
MALAYSIA SMELTING CORP BHD 100
Securities
MALAYSIA SMELTING CORP BHD - MYL5916OO001 - NPW
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
03-Jun-2022 18:38:51
Status
New
Announcement Sub Title
PROPOSED ACQUISITION
Announcement Reference
SG220603OTHRFGQZ
Submitted By (Co./ Ind. Name)
WONG YOUN KIM
Designation
COMPANY SECRETARY
Description (Please provide a detailed description of the event in the box below)
On behalf of the Board of Directors of MSC, Kenanga Investment Bank Berhad wishes to announce that RHT, a wholly-owned subsidiary of MSC, had on 3 June 2022, entered into a conditional sale and purchase agreement with Tin International Sdn Bhd ("TISB") for the Proposed Acquisition.

In conjunction with the Proposed Acquisition, MSC and RHT, had on 3 June 2022, entered into a shareholders agreement with TISB to govern the rights, duties, liabilities and obligations to each other as shareholders in relation to the operation of RHT upon completion of the Proposed Acquisition.

Please refer to the attachment for the full announcement in relation to the Proposed Acquisition.

This announcement is dated 3 June 2022.

Attachments

MSC - Proposed Acquisition.pdf
Total size =411K