JAGCPTL

0.990

(%)

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS PROPOSED DISPOSAL OF 30% EQUITY INTEREST IN SINONG SEPADU SDN BHD BY KUB AGRO HOLDINGS SDN BHD, AN INDIRECT WHOLLY-OWNED SUBSIDIARY OF THE COMPANY FOR A TOTAL CASH CONSIDERATION OF RM44,299,511.10

JAG CAPITAL BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description 
PROPOSED DISPOSAL OF 30% EQUITY INTEREST IN SINONG SEPADU SDN BHD BY KUB AGRO HOLDINGS SDN BHD, AN INDIRECT WHOLLY-OWNED SUBSIDIARY OF THE COMPANY FOR A TOTAL CASH CONSIDERATION OF RM44,299,511.10

The Board of the Company wishes to announce that KUB Agro Holdings Sdn Bhd, has on 22 April 2026 entered into a share purchase agreement with Sinong Enterprise Sdn Bhd ("SESB") for the disposal of 30% equity interest comprising 1,950,000 ordinary shares in Sinong Sepadu Sdn Bhd  to SESB for a total cash consideration of RM44,299,511.10.

 

Please refer to the attachment for further details.

 

This announcement is dated 22 April 2026.


Please refer attachment below.

Attachments

Proposed Disposal.pdf
260.3 kB


Announcement Info

Company Name JAG CAPITAL BERHAD
Stock Name JAGCPTL
Date Announced 22 Apr 2026
Category General Announcement for PLC
Reference Number GA1-21042026-00051


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