| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description |
SHARE SALE AGREEMENTS ("AGREEMENTS") ENTERED INTO BETWEEN ORIENTAL EXTRUSIONS SDN BHD ("OESB" OR "PURCHASER"), A WHOLLY-OWNED SUBSIDIARY OF MBMR, AND: (I) CENTRAL MOTOR WHEEL CO., LTD ("CMW"); AND (II) TOYOTA TSUSHO CORPORATION OF JAPAN ("TTC"), (COLLECTIVELY THE VENDORS), IN RESPECT OF THE PURCHASE OF THE SHARES HELD BY CMW AND TTC IN ORIENTAL METAL INDUSTRIES SDN BHD ("OMI"); AND AGREEMENT TO TERMINATE THE JOINT VENTURE AGREEMENT DATED 21 NOVEMBER 2005, ENTERED INTO BETWEEN OESB, CMW AND TTC |
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Further to our announcements dated 12 February 2018 and 13 February 2018 in relation to the Proposed Acquisition, the Board of Directors of the Company wishes to announce that the Conditions Precedent of the Agreement has been fulfilled and the Proposed Acquisition has been completed.
The abbreviations used throughout this announcement shall have the same meaning as defined in the announcements dated 12 February 2018 and 13 February 2018.
This announcement is dated 12 March 2018. |
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| Company Name | MBM RESOURCES BHD |
| Stock Name | MBMR |
| Date Announced | 12 Mar 2018 |
| Category | General Announcement for PLC |
| Reference Number | GA1-05032018-00107 |
