WCEHB

0.780

+0.015 (+2%)

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS WCE HOLDINGS BERHAD ("WCEHB" OR "COMPANY") DISPOSAL OF THE ENTIRE 40% EQUITY INTEREST IN RADIANT PILLAR SDN BHD ("RPSB") HELD BY WCEHB AND ITS SUBSIDIARIES TO IJM PROPERTIES SDN BHD ("IJMP" OR "PURCHASER") ("DISPOSAL")

WCE HOLDINGS BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description
WCE HOLDINGS BERHAD ("WCEHB" OR "COMPANY")

DISPOSAL OF THE ENTIRE 40% EQUITY INTEREST IN RADIANT PILLAR SDN BHD ("RPSB") HELD BY WCEHB AND ITS SUBSIDIARIES TO IJM PROPERTIES SDN BHD ("IJMP" OR "PURCHASER") ("DISPOSAL")

We refer to the Company’s earlier announcements in relation to the Disposal. Unless otherwise stated, all terms used herein shall have the same meaning as defined in the said announcements.

 

On behalf of the Board, RHB Investment Bank wishes to announce that the Company has received the Second Instalment payment from the Purchaser today in accordance with the terms of the SSA.

 

This announcement is dated 28 August 2023.






Announcement Info

Company Name WCE HOLDINGS BERHAD
Stock Name WCEHB
Date Announced 28 Aug 2023
Category General Announcement for PLC
Reference Number GA1-28082023-00107