METROD

1.130

-0.01 (-0.9%)

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

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.

 

 




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