Transactions (Chapter 10 Of Listing Requirements) : Non Related Party Transactions
BackAug 18, 2025
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | SALCON BERHAD ("SALCON" OR "THE COMPANY") - PROPOSED DISPOSAL BY SALCON DEVELOPMENT SDN BHD ("SDSB"), A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY, OF ITS ENTIRE SHARES HELD IN PRESTASI KEMAS SDN BHD ("PKSB") TO KOTA PLATINUM SDN BHD ("KPSB" OR "PURCHASER") |
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Salcon wishes to announce that SDSB together with Dato' Ding Pei Chai ("DDPC") (collectively referred to as the "Vendors") had on 18 August 2025 entered into a Sale and Purchase Agreement For Shares ("SPA") with KPSB for the disposal of the entire issued and paid-up capital ("Sale Shares") in PKSB for a total cash consideration of RM42,000,000.00 ("Consideration") ( the "Proposed Disposal").
Please refer to the attachment for further details.
This announcement is dated 18 August 2025. |
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Please refer attachment below.
Announcement Info
| Company Name | SALCON BERHAD |
| Stock Name | SALCON |
| Date Announced | 18 Aug 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-15082025-00010 |
Attachments
- Salcon_-_Announcement_on_Proposed_Disposal_of_PKSB_by_SDSB_20250818.pdf (Size: 262,692 bytes)