CIHLDG

2.500

-0.08 (-3.1%)

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS C.I. HOLDINGS BERHAD ("CIHB" OR "COMPANY") DISPOSAL OF 100% EQUITY INTEREST IN DOE INDUSTRIES SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY, TO CENTRAL CABLES BERHAD FOR A TOTAL CASH CONSIDERATION OF RM20,000,000 ("DISPOSAL")

C.I. HOLDINGS BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description
C.I. HOLDINGS BERHAD ("CIHB" OR "COMPANY")

DISPOSAL OF 100% EQUITY INTEREST IN DOE INDUSTRIES SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY, TO CENTRAL CABLES BERHAD FOR A TOTAL CASH CONSIDERATION OF RM20,000,000 ("DISPOSAL")

Unless otherwise defined, the capitalised terms used in this announcement shall have the same meanings as those defined in the announcements dated 7 January 2025 and 10 January 2025. 

Reference is made to the announcements dated 7 January 2025 and 10 January 2025 in relation to the Disposal.

The Board wishes to announce that the Purchaser had fully paid CIHB the Sale Price on 10 January 2025. The Disposal has been completed in accordance with the terms and conditions of the SSA on 10 January 2025.

This announcement is dated 10 January 2025

 






Announcement Info

Company Name C.I. HOLDINGS BERHAD
Stock Name CIHLDG
Date Announced 10 Jan 2025
Category General Announcement for PLC
Reference Number GA1-07012025-00012