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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS KUB MALAYSIA BERHAD ("KUB" OR "THE COMPANY") PROPOSED DISPOSAL OF 70% EQUITY INTEREST IN KUB SEPADU SDN BHD BY KUB AGRO HOLDINGS SDN BHD, AN INDIRECT WHOLLY-OWNED SUBSIDIARY OF KUB ("PROPOSED DISPOSAL")

KUB MALAYSIA BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description 
KUB MALAYSIA BERHAD ("KUB" OR "THE COMPANY")

PROPOSED DISPOSAL OF 70% EQUITY INTEREST IN KUB SEPADU SDN BHD BY KUB AGRO HOLDINGS SDN BHD, AN INDIRECT WHOLLY-OWNED SUBSIDIARY OF KUB ("PROPOSED DISPOSAL")

Unless otherwise defined, the capitalised terms used in this announcement shall have the same meanings as those defined in the announcement dated 26 August 2024. 

Reference is made to the announcements dated 26 August 2024, 26 February 2025 and 28 February 2025 in relation to the Proposed Disposal.

The Board of Directors of KUB is pleased to announce that the Proposed Disposal has been completed today, following the receipt of the full Balance Purchase Price of RM93,028,973.31 from SESB.

This announcement is dated 17 April 2025.



Announcement Info

Company Name KUB MALAYSIA BERHAD
Stock Name KUB
Date Announced 17 Apr 2025
Category General Announcement for PLC
Reference Number GA1-17042025-00038


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