OTHERS METROD HOLDINGS BERHAD ("METROD" OR "COMPANY") DISPOSAL OF DIP CASTING PLANT BY METROD (MALAYSIA) SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF METROD
| METROD HOLDINGS BERHAD |
| Type | Announcement |
| Subject | OTHERS |
| Description | METROD HOLDINGS BERHAD ("METROD" OR "COMPANY")
DISPOSAL OF DIP CASTING PLANT BY METROD (MALAYSIA) SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF METROD |
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The Board of Directors of Metrod (“Board”) wishes to announce that Metrod (Malaysia) Sdn. Bhd., a wholly-owned subsidiary of the Company, had on 27 February 2026 entered into a Sale and Purchase Agreement (“SPA”) with SAM DONG OHIO, INC., a company incorporated in the United States of America (“Purchaser”), for the disposal of DIP Casting Plant (“Disposal”), for a total consideration of USD4,625,000 (equivalent to approximately RM17,991,250).
Further details of the above are set out in the attachment.
This announcement is dated 27 February 2026.
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Please refer attachment below.
Announcement Info
| Company Name | METROD HOLDINGS BERHAD |
| Stock Name | METROD |
| Date Announced | 27 Feb 2026 |
| Category | General Announcement for PLC |
| Reference Number | GA1-24022026-00048 |