BWYS

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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS BWYS GROUP BERHAD ("BWYS" OR THE "COMPANY") PROPOSED DISPOSAL

BWYS GROUP BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
BWYS GROUP BERHAD ("BWYS" OR THE "COMPANY")

PROPOSED DISPOSAL

On behalf of the Board of Directors of BWYS (“Board”), M & A Securities Sdn Bhd (“M & A Securities”) wishes to announce that BW Scaffold Industries Sdn Bhd (“Vendor” or “BW Scaffold”), a wholly-owned subsidiary of BWYS had on 1 August 2025 entered into the sale and purchase agreement (“SPA”) with Yusin Machinery (Malaysia) Sdn Bhd (“Purchaser” or “Yusin”), for the disposal of a parcel of leasehold industrial land with three (3) blocks of four storey office buildings, three (3) blocks of single storey detached factory buildings and ancillary building held under H.S.(M) 20681, PT404, Seksyen 2, Pekan Bukit Changgang, Tempat Olak Lempit, Daerah Kuala Langat, Negeri Selangor Darul Ehsan (“Property”) for a cash consideration of RM67,000,000.00 (“Disposal Consideration”), subject to the terms and conditions stipulated in the SPA. (“Proposed Disposal”). 

 

Please refer to the attachment below for further details of the Proposed Disposal.

 

This anouncement is dated 1 August 2025.




Please refer attachment below.

Attachments

BWYS - Proposed Disposal.pdf
435.2 kB



Announcement Info

Company Name BWYS GROUP BERHAD
Stock Name BWYS
Date Announced 01 Aug 2025
Category General Announcement for PLC
Reference Number GA1-01082025-00079