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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Reference is made to the announcements dated 28 July 2025 and 30 July 2025 in relation to the Proposed Disposal. Unless otherwise defined, all definitions used throughout this announcement shall have the same meaning as defined in our said earlier announcements.
The Board of Directors of the Company is pleased to announce that the SPA has been completed on 17 October 2025, following the fulfilment of all conditions of sale.
This announcement is dated 17 October 2025. |
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Announcement Info
| Company Name | BWYS GROUP BERHAD |
| Stock Name | BWYS |
| Date Announced | 17 Oct 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-08102025-00047 |