TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS PROPOSED ACQUISITION BY BHIC DEFENCE TECHNOLOGIES SDN BHD ("BHICDT" OR THE "PURCHASER"), A WHOLLY-OWNED SUBSIDIARY OF BHIC, OF 600,000 ORDINARY SHARES IN BHIC AEROSERVICES SDN BHD ("BHICAS"), REPRESENTING 30.00% OF THE TOTAL NUMBER OF ISSUED SHARES OF BHICAS, FROM PRESTIGE PILLAR SDN BHD ("PPSB" OR THE "VENDOR") FOR A PURCHASE CONSIDERATION OF RM8,000,000 TO BE SATISFIED WHOLLY IN CASH ("PROPOSED ACQUISITION")
| BOUSTEAD HEAVY INDUSTRIES CORPORATION BHD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | PROPOSED ACQUISITION BY BHIC DEFENCE TECHNOLOGIES SDN BHD ("BHICDT" OR THE "PURCHASER"), A WHOLLY-OWNED SUBSIDIARY OF BHIC, OF 600,000 ORDINARY SHARES IN BHIC AEROSERVICES SDN BHD ("BHICAS"), REPRESENTING 30.00% OF THE TOTAL NUMBER OF ISSUED SHARES OF BHICAS, FROM PRESTIGE PILLAR SDN BHD ("PPSB" OR THE "VENDOR") FOR A PURCHASE CONSIDERATION OF RM8,000,000 TO BE SATISFIED WHOLLY IN CASH ("PROPOSED ACQUISITION") |
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Please refer attachment below.
Announcement Info
| Company Name | BOUSTEAD HEAVY INDUSTRIES CORPORATION BHD |
| Stock Name | BHIC |
| Date Announced | 11 Aug 2026 |
| Category | General Announcement for PLC |
| Reference Number | GA1-11082026-00036 |