AHB

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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS AHB HOLDINGS BERHAD ("AHB" OR "COMPANY") PROPOSED JOINT VENTURE ARRANGEMENT BETWEEN AHB AND SERI BESKAYA SDN BHD ("SBSB") FOR DEALING OF GENERATOR SETS, POWER GENERATION SYSTEMS, ACCESSORIES, COMPONENTS AND RELATED SERVICES ("GENERATOR BUSINESS") ("PROPOSED JV") IN WHICH AHB WILL TRANSFER 3,700,000 ORDINARY SHARES IN GRID ENGINEERING SDN BHD ("GESB") ("GESB SHARES"), A 92.86%-OWNED SUBSIDIARY OF AHB, TO SBSB IN RETURN FOR SBSB'S CONTRIBUTION PURSUANT TO THE PROPOSED JV

AHB HOLDINGS BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description 
AHB HOLDINGS BERHAD ("AHB" OR "COMPANY")

PROPOSED JOINT VENTURE ARRANGEMENT BETWEEN AHB AND SERI BESKAYA SDN BHD ("SBSB") FOR DEALING OF GENERATOR SETS, POWER GENERATION SYSTEMS, ACCESSORIES, COMPONENTS AND RELATED SERVICES ("GENERATOR BUSINESS") ("PROPOSED JV") IN WHICH AHB WILL TRANSFER 3,700,000 ORDINARY SHARES IN GRID ENGINEERING SDN BHD ("GESB") ("GESB SHARES"), A 92.86%-OWNED SUBSIDIARY OF AHB, TO SBSB IN RETURN FOR SBSB'S CONTRIBUTION PURSUANT TO THE PROPOSED JV

The Board of Directors of AHB ("Board") wishes to announce that the Company had on 13 October 2026 entered into a joint venture and collaboration agreement ("JVCA") with SBSB to establish a strategic joint venture through a special purpose vehicle to be incorporated ("SPV") for the Proposed JV.


The salient terms of the JVCA are set out in Appendix I of this announcement.

 

Further details of the Proposed JV are set out in the ensuing sections of the attachment to this announcement.

 

This announcement is dated 13 October 2026.


Please refer attachment below.

Attachments

AHB-Proposed JV with SBSB to bursa.pdf
285.7 kB


Announcement Info

Company Name AHB HOLDINGS BERHAD
Stock Name AHB
Date Announced 13 Oct 2026
Category General Announcement for PLC
Reference Number GA1-13102026-00060


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