I. Proposed Diversification Into Healthcare; And II. Proposed Diversification Into Energy (Collectively, The "Proposed Diversifications")

BackMar 21, 2025
Type Announcement
Subject OTHERS
Description SALCON BERHAD ("SALCON" OR THE "COMPANY")

I. PROPOSED DIVERSIFICATION INTO HEALTHCARE; AND

II. PROPOSED DIVERSIFICATION INTO ENERGY

(COLLECTIVELY, THE "PROPOSED DIVERSIFICATIONS")

On behalf of the Board of Directors of Salcon ("Board"), UOB Kay Hian Securities (M) Sdn Bhd ("UOBKH") wishes to announce that the Company proposes to undertake the following:-

i. a proposed diversification of the existing principal activities of Salcon and its subsidiaries ("Salcon Group" or the "Group") to include the provision of healthcare, wellness and its related activities ("Healthcare Business") ("Proposed Diversification into Healthcare"); and

ii. a proposed diversification of the existing principal activities of Salcon Group to include the investment, development, construction and/ or operation of energy assets and related activities ("Energy Business") ("Proposed Diversification into Energy").

The Proposed Diversification into Healthcare and Proposed Diversification into Energy are collectively referred to as the "Proposed Diversifications".

Further details of the Proposed Diversifications are set out in the attachment enclosed.

This announcement is dated 21 March 2025.

Please refer attachment below.


Announcement Info

Company Name SALCON BERHAD
Stock Name SALCON
Date Announced 21 Mar 2025
Category General Announcement for PLC
Reference Number GA1-21032025-00101

Attachments

  1. Salcon_-_Announcement_(Proposed_Diversifications)_20250321.pdf (Size: 199,611 bytes)