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 |
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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. |
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Please refer attachment below.
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 |