TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS BWYS GROUP BERHAD ("BWYS" OR "THE COMPANY") - PROPOSED DISPOSAL OF TWO (2) PARCELS OF FREEHOLD PROPERTIES IN BANDAR BUTTERWORTH, DAERAH SEBERANG PERAI UTARA, NEGERI PULAU PINANG BY BW YEE SENG STEEL INDUSTRIES SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF BWYS, FOR A TOTAL CASH CONSIDERATION OF RM11,275,000.00 ("PROPOSED DISPOSAL")
| BWYS GROUP BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | BWYS GROUP BERHAD ("BWYS" OR "THE COMPANY")
- PROPOSED DISPOSAL OF TWO (2) PARCELS OF FREEHOLD PROPERTIES IN BANDAR BUTTERWORTH, DAERAH SEBERANG PERAI UTARA, NEGERI PULAU PINANG BY BW YEE SENG STEEL INDUSTRIES SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF BWYS, FOR A TOTAL CASH CONSIDERATION OF RM11,275,000.00 ("PROPOSED DISPOSAL") |
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The Board of Directors of the Company is pleased to announce that its wholly-owned subsidiary, BW Yee Seng Steel Industries Sdn. Bhd. had entered into a Sale and Purchase Agreement on 28 July 2025 for the disposal of two (2) parcels of freehold properties in Bandar Butterworth, Daerah Seberang Perai Utara, Negeri Pulau Pinang, for a total cash consideration of Ringgit Malaysia Eleven Million Two Hundred Seventy Five Thousand (RM11,275,000.00).
Please refer to the attachment for further details of the Proposed Disposal.
This announcement is dated 28 July 2025. |
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Please refer attachment below.
Announcement Info
| Company Name | BWYS GROUP BERHAD |
| Stock Name | BWYS |
| Date Announced | 28 Jul 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-24072025-00060 |