OTHERS DISPOSAL OF ITS 51% EQUITY INTERESTS IN HWG TIN MINING SDN BHD

HO WAH GENTING BERHAD

Type Announcement
Subject OTHERS
Description
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.

Attachments

Disposal of Tin Mining.pdf
96.7 kB



Announcement Info

Company Name HO WAH GENTING BERHAD
Stock Name HWGB
Date Announced 19 Nov 2018
Category General Announcement for PLC
Reference Number GA1-19112018-00058