OTHERS DISPOSAL OF ITS 51% EQUITY INTERESTS IN HWG TIN MINING SDN BHD
|HO WAH GENTING BERHAD|
DISPOSAL OF ITS 51% EQUITY INTERESTS IN HWG TIN MINING SDN BHD
The Board of Directors of Ho Wah Genting Berhad (“HWGB”), wishes to announce that HWGB had on 19 November 2018 entered into a Conditional Share Sale and Purchase Agreement with Madam Chuar Siew Khim to dispose of its entire 51% equity holding in HWG Tin Mining Sdn Bhd (“HWGTM”), comprising of 1,020,000 ordinary shares in HWGTM for a total cash consideration of RM1.00 (“Disposal”).
Upon completion of the Disposal, HWGTM will cease to be a subsidiary of the Company.
Kindly refer to the attached file for details of the announcement.
This announcement is dated 19 November 2018.
Please refer attachment below.
|Company Name||HO WAH GENTING BERHAD|
|Date Announced||19 Nov 2018|
|Category||General Announcement for PLC|