General Announcement for PLC

29/07/2022

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS SARAWAK CABLE BERHAD ("SCB" OR THE "COMPANY") PROPOSED DISPOSAL OF EQUITY INTEREST HELD IN PT INPOLA MITRA ELEKTRINDO ("PT IME") TO KAB ENERGY HOLDINGS SDN BHD ("KEH" OR "THE PURCHASER"), A WHOLLY OWNED SUBSIDIARY OF KEJURUTERAAN ASASTERA BERHAD ("KAB")

SARAWAK CABLE BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description 
SARAWAK CABLE BERHAD ("SCB" OR THE "COMPANY")

PROPOSED DISPOSAL OF EQUITY INTEREST HELD IN PT INPOLA MITRA ELEKTRINDO ("PT IME") TO KAB ENERGY HOLDINGS SDN BHD ("KEH" OR "THE PURCHASER"), A WHOLLY OWNED SUBSIDIARY OF KEJURUTERAAN ASASTERA BERHAD ("KAB")

(Reference is made to the Company’s announcements dated 19 January 2022 and 28 March 2022, 20 June 2022 and 30 June 2022 in relation to the Proposed Disposal (“Announcements”). Unless otherwise defined, the definitions used in this announcement shall have the same meaning as those defined in the Announcements).

 

On behalf of the Board of Directors of SCB, Thinkat Advisory Sdn Bhd wishes to announce that the Company and the Purchaser had on 29 July 2022 entered into a conditional share purchase agreement for the Proposed Disposal.

 

Further details on the Proposed Disposal is attached.

 

This announcement is dated 29 July 2022.

 


Please refer attachment below.


Announcement Info

Company Name SARAWAK CABLE BERHAD
Stock Name SCABLE
Date Announced 29 Jul 2022
Category General Announcement for PLC
Reference Number GA1-29072022-00049


Related Announcements for SCABLE
Date Title
20/07/2022 NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : COMBINATION OF NEW ISSUE OF SECURITIES SARAWAK CABLE BERHAD ("SCB" OR THE "COMPANY") (I) ISSUANCE OF RCD AND RCD-i IN CONJUNCTION WITH THE DEBT RESTRUCTURING; AND (II) ESOS (COLLECTIVELY REFERRED TO AS "PROPOSALS")
30/06/2022 TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS SARAWAK CABLE BERHAD ("SCB" OR THE COMPANY") PROPOSED DISPOSAL OF EQUITY INTEREST HELD IN PT INPOLA MITRA ELEKTRINDO ("PT IME") TO KAB ENERGY HOLDINGS SDN BHD ("KEH" OR "THE PURCHASER"), A WHOLLY OWNED SUBSIDIARY OF KEJURUTERAAN ASASTERA BERHAD ("KAB")
20/06/2022 TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS SARAWAK CABLE BERHAD ("SCB" OR THE COMPANY") PROPOSED DISPOSAL OF EQUITY INTEREST HELD IN PT INPOLA MITRA ELEKTRINDO ("PT IME") TO KAB ENERGY HOLDINGS SDN BHD ("KEH" OR "THE PURCHASER"), A WHOLLY OWNED SUBSIDIARY OF KEJURUTERAAN ASASTERA BERHAD ("KAB")
07/06/2022 OTHERS EXTENSION OF TIME FOR HOLDING OF ANNUAL GENERAL MEETING
31/05/2022 NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : COMBINATION OF NEW ISSUE OF SECURITIES SARAWAK CABLE BERHAD ("SCB" OR "COMPANY") (I) PROPOSED ISSUANCE OF RCD AND RCD-i IN CONJUNCTION WITH THE DEBT RESTRUCTURING; AND (II) PROPOSED ESOS. (COLLECTIVELY REFERRED TO AS "PROPOSALS")
18/04/2022 OTHERS MEMORANDUM OF AGREEMENT BETWEEN SARAWAK CABLE BERHAD AND HERCULES ENGINEERING (SEA) SDN. BHD.
06/04/2022 NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : COMBINATION OF NEW ISSUE OF SECURITIES SARAWAK CABLE BERHAD ("SCB" OR "COMPANY") (I) PROPOSED ISSUANCE OF RCD AND RCD-i IN CONJUNCTION WITH THE DEBT RESTRUCTURING; AND (II) PROPOSED ESOS. (COLLECTIVELY REFERRED TO AS "PROPOSALS")
28/03/2022 TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS SARAWAK CABLE BERHAD ("SCB" OR THE COMPANY") PROPOSED DISPOSAL OF EQUITY INTEREST HELD IN PT INPOLA MITRA ELEKTRINDO ("PT IME") TO KAB ENERGY HOLDINGS SDN BHD ("KEH" OR "THE PURCHASER"), A WHOLLY OWNED SUBSIDIARY OF KEJURUTERAAN ASASTERA BERHAD ("KAB")
17/03/2022 NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING SARAWAK CABLE BERHAD (SCB OR THE COMPANY) PRIVATE PLACEMENT OF UP TO 30% OF THE TOTAL NUMBER OF ISSUED SHARES OF SCB ("SCB SHARES" OR "SHARES") ("PLACEMENT SHARES") ("PRIVATE PLACEMENT")
08/03/2022 NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING SARAWAK CABLE BERHAD ("SCB" OR THE "COMPANY") PRIVATE PLACEMENT OF UP TO 30% OF THE TOTAL NUMBER OF ISSUED SHARES OF SCB ("SCB SHARES" OR "SHARES") ("PLACEMENT SHARES") ("PRIVATE PLACEMENT")