HUMEIND

3.150

-0.02 (-0.6%)

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS HUME CEMENT INDUSTRIES BERHAD ("HCIB" OR THE "COMPANY") DISPOSAL OF 30,000,000 ORDINARY SHARES IN HUME CONCRETE SDN BHD ("HCCT"), A WHOLLY-OWNED SUBSIDIARY OF HCIB, REPRESENTING 100.0% EQUITY INTEREST IN HCCT, BY HCIB TO YTL CEMENT (SARAWAK) SDN BHD FOR A BASE DISPOSAL PRICE OF RM215.0 MILLION ("DISPOSAL")

HUME CEMENT INDUSTRIES BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description 
HUME CEMENT INDUSTRIES BERHAD ("HCIB" OR THE "COMPANY")

DISPOSAL OF 30,000,000 ORDINARY SHARES IN HUME CONCRETE SDN BHD ("HCCT"), A WHOLLY-OWNED SUBSIDIARY OF HCIB, REPRESENTING 100.0% EQUITY INTEREST IN HCCT, BY HCIB TO YTL CEMENT (SARAWAK) SDN BHD FOR A BASE DISPOSAL PRICE OF RM215.0 MILLION ("DISPOSAL")

Reference is made to the announcements dated 12 December 2025, 12 February 2026, 13 February 2026 and 4 March 2026 and the circular to the shareholders of HCIB dated 13 February 2026 in relation to the Disposal ("Circular"). Unless otherwise stated, words and phrases used in this announcement shall have the same meaning as defined in the Circular.

 

On behalf of the Board, HLIB wishes to announce that the Estimated Disposal Consideration and the Subscription Amount have been fully settled in cash by YTL Cement Sarawak to the Company and HCCT respectively on 31 March 2026, marking the completion of the Disposal in accordance with the SPA.

 

This announcement is dated 31 March 2026.



Announcement Info

Company Name HUME CEMENT INDUSTRIES BERHAD
Stock Name HUMEIND
Date Announced 31 Mar 2026
Category General Announcement for PLC
Reference Number GA1-31032026-00019


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