Document Submission

16/08/2016

Circular/Notice to Shareholders

MB WORLD GROUP BERHAD

Subject PROPOSED DISPOSAL BY MB MAX SDN BHD (MB MAX), A WHOLLY-OWNED SUBSIDIARY OF EMAS KIARA PROPERTIES SDN BHD, WHICH IS IN TURN A WHOLLY-OWNED SUBSIDIARY OF MB WORLD GROUP BERHAD (FORMERLY KNOWN AS EMAS KIARA INDUSTRIES BERHAD) (MB WORLD), TO CERTAIN RELATED PARTIES OF MB WORLD OF 19 UNITS OF SERVICED APARTMENTS IN THE PINNACLE TOWER, AN ON-GOING FREEHOLD COMMERCIAL DEVELOPMENT OF SERVICED APARTMENTS IN JOHOR BAHRU UNDERTAKEN BY MB MAX, FOR A TOTAL NET CASH CONSIDERATION OF RM18,683,000 (PROPOSED DISPOSAL)


Please refer attachment below.


Announcement Info

Company Name MB WORLD GROUP BERHAD
Stock Name MBWORLD
Date Announced 16 Aug 2016
Category Document Submission
Reference Number DCS-16082016-00008


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