ORIENT

6.900

(%)

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS ORIENTAL HOLDINGS BERHAD ("OHB") (I) PROPOSED ACQUISITION BY OHB OF 100% EQUITY INTEREST IN NORTHAM GEORGETOWN SDN BHD; (II) PROPOSED ACQUISITION BY FARQUHAR PROPERTIES SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF OHB, OF BAYVIEW HOTEL GEORGETOWN AND WISMA BOON SIEW; AND (III) PROPOSED ACQUISITION BY NORTHAM LANGKAWI SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF OHB, OF BAYVIEW HOTEL LANGKAWI, FOR A TOTAL CASH CONSIDERATION OF RM411.00 MILLION (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

ORIENTAL HOLDINGS BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description 
ORIENTAL HOLDINGS BERHAD ("OHB")

(I)	PROPOSED ACQUISITION BY OHB OF 100% EQUITY INTEREST IN NORTHAM GEORGETOWN SDN BHD;

(II)	PROPOSED ACQUISITION BY FARQUHAR PROPERTIES SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF OHB, OF BAYVIEW HOTEL GEORGETOWN AND WISMA BOON SIEW; AND

(III)	PROPOSED ACQUISITION BY NORTHAM LANGKAWI SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF OHB, OF BAYVIEW HOTEL LANGKAWI,

FOR A TOTAL CASH CONSIDERATION OF RM411.00 MILLION

(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

We refer to the previous announcements and the circular to stockholders dated 29 January 2026 ("Circular") in relation to the Proposals. Unless otherwise stated, the definitions set out in the Circular shall apply herein.

 

On behalf of the Company, CIMB Investment Bank Berhad wishes to announce that in relation to the Proposed NGSB Share Acquisition, OHB, BSSB and NGSB had on 7 August 2026, mutually agreed to extend the conclusion of the Conditional Period from 7 August 2026 to 15 October 2026, for the fulfilment of relevant conditions precedent under the Share Subscription Agreement.

 

This announcement is dated 7 August 2026.

 



Announcement Info

Company Name ORIENTAL HOLDINGS BERHAD
Stock Name ORIENT
Date Announced 07 Aug 2026
Category General Announcement for PLC
Reference Number GA1-05082026-00056


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