ANNJOO

0.510

+0.015 (+3%)

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS ANN JOO RESOURCES BERHAD ("AJR" OR "COMPANY") PROPOSED DISPOSAL OF 100% EQUITY INTEREST IN ANN JOO STEEL BERHAD ("AJSB" OR "TARGET COMPANY"), A WHOLLY-OWNED SUBSIDIARY OF AJR, COMPRISING 612,993,535 ORDINARY SHARES IN AJSB, TO GREEN ESTEEL PTE LTD ("GREEN ESTEEL" OR "BUYER") FOR CASH ("PROPOSED DISPOSAL")

ANN JOO RESOURCES BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description 
ANN JOO RESOURCES BERHAD ("AJR" OR "COMPANY")
				
PROPOSED DISPOSAL OF 100% EQUITY INTEREST IN ANN JOO STEEL BERHAD ("AJSB" OR "TARGET COMPANY"), A WHOLLY-OWNED SUBSIDIARY OF AJR, COMPRISING 612,993,535 ORDINARY SHARES IN AJSB, TO GREEN ESTEEL PTE LTD ("GREEN ESTEEL" OR "BUYER") FOR CASH ("PROPOSED DISPOSAL")

On behalf of the Board of Directors of AJR, Maybank Investment Bank Berhad wishes to announce that the Company has, on 22 May 2026, entered into a conditional sale and purchase agreement with Green Esteel for the Proposed Disposal.

 

Further details on the Proposed Disposal are set out in the attachment below.

 

This announcement is dated 22 May 2026.


Please refer attachment below.

Attachments

AJR - Initial Announcement (22 May 2026).pdf
409.4 kB


Announcement Info

Company Name ANN JOO RESOURCES BERHAD
Stock Name ANNJOO
Date Announced 22 May 2026
Category General Announcement for PLC
Reference Number GA1-22052026-00043


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