Circular/Notice to Shareholders
| SOUTHERN STEEL BERHAD |
| Subject | CIRCULAR TO SHAREHOLDERS IN RELATION THE FOLLOWING:- PART A - PROPOSED DISPOSAL OF 12,883,562 EXISTING ORDINARY SHARES IN SOUTHERN STEEL MESH SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF SOUTHERN STEEL BERHAD ("SSB" OR THE "COMPANY") ("SSM"), REPRESENTING APPROXIMATELY 55.0% EQUITY INTEREST IN SSM, BY SSB TO BRC ASIA LIMITED FOR A TOTAL CASH CONSIDERATION OF RM61.05 MILLION ("PROPOSED DISPOSAL") PART B - INDEPENDENT ADVICE LETTER FROM STRATEGIC CAPITAL ADVISORY SDN BHD TO THE NON-INTERESTED SHAREHOLDERS OF SSB IN RELATION TO THE PROPOSED DISPOSAL |
Please refer attachment below.
Announcement Info
| Company Name | SOUTHERN STEEL BERHAD |
| Stock Name | SSTEEL |
| Date Announced | 18 Jul 2025 |
| Category | Document Submission |
| Reference Number | DCS-18072025-00005 |