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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS GUH HOLDINGS BERHAD ("GUH" OR "THE COMPANY")
DISPOSAL ENTAILING THE REPOSSESSION OF GUH CIRCUIT INDUSTRY (SUZHOU) CO., LTD'S STATE-OWNED LAND USE RIGHTS IN THE SUZHOU HIGH-TECH ZONE, THE PEOPLE'S REPUBLIC OF CHINA, BY THE SUZHOU GOVERNMENT FOR APPROXIMATELY CNY195.0 MILLION ("DISPOSAL")
GUH HOLDINGS BERHAD
Type
Announcement
Subject
TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
GUH HOLDINGS BERHAD ("GUH" OR "THE COMPANY")
DISPOSAL ENTAILING THE REPOSSESSION OF GUH CIRCUIT INDUSTRY (SUZHOU) CO., LTD'S STATE-OWNED LAND USE RIGHTS IN THE SUZHOU HIGH-TECH ZONE, THE PEOPLE'S REPUBLIC OF CHINA, BY THE SUZHOU GOVERNMENT FOR APPROXIMATELY CNY195.0 MILLION ("DISPOSAL")
The exchange rate of CNY1.00 to RM0.5821, based on the middle rate quoted by Bank Negara Malaysia as at 12.00 p.m. on 30 March 2026 (the latest practicable date prior hereto), is used throughout this announcement.
Unless otherwise stated or redefined herein, all abbreviations and definitions used shall have the same meanings as those used in the Company's announcement dated 13 February 2025 and the Circular dated 25 April 2025 in relation to the Disposal.
Reference is further made to the Company's announcements dated 30 June 2020, 28 September 2020, 6 October 2020, 22 October 2020, 31 May 2021, 1 June 2021, 13 February 2025, 8 July 2025, 9 July 2025, 11 July 2025, 26 September 2025, 19 December 2025 and 29 December 2025.
The Board of Directors of the Company wishes to announce that SHZ Management Office has made a payment of CNY39,001,225.80 (approximately RM22,702,613.54) to GUH Suzhou, being payment of the 3rd Tranche pursuant to the Disposal.
Following this payment, the total compensation amount received to date is summarised as follows:
Date
Tranche
Amount (CNY)
Amount (RM)
11/07/2025
Tranche 1
12,001,838.70
7,118,290.53
26/09/2025
Tranche 1
46,500,000.00
27,514,050.00
29/12/2025
Tranche 2
58,501,838.70
33,837,463.50
30/03/2026
Tranche 3
39,001,225.80
22,702,613.54
The Company will make further announcement on the receipt of subsequent compensation amounts and any other material development (if any) in relation to this matter, as and when available.