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【MUIIND 3891 交流专区】马联工业

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发表于 24-8-2025 01:49 AM | 显示全部楼层
Type
Announcement
Subject
TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
MALAYAN UNITED INDUSTRIES BERHAD ("MUIB" OR "COMPANY")PROPOSED ISSUANCE AND ALLOTMENT OF 1,000,000 CUMULATIVE REDEEMABLE NON-CONVERTIBLE PREFERENCE SHARES OF GBP1.00 EACH IN LONDON VISTA HOTEL LIMITED, AN INDIRECT WHOLLY-OWNED SUBSIDIARY OF MUIB, TO MUI PROPERTIES BERHAD, AN INDIRECT 72.27%-OWNED SUBSIDIARY OF MUIB, FOR A TOTAL CONSIDERATION OF GBP1,000,000 IN CASH
The Board of Directors ("Board") of  MUIB wishes to announce that London Vista Hotel Limited (“LVHL”), a wholly-owned subsidiary of MUI Media Ltd and which in turn is a wholly-owned subsidiary of MUIB, had on 10 July 2025 entered into a preference share subscription and holder’s agreement (“PSSHA”) with MUI Properties Berhad (“MUIP”), an indirect 72.27%-owned subsidiary of MUIB, for the issue and allotment of 1,000,000 cumulative redeemable non-convertible preference shares (“CRNCPS”) representing 18.7% of the total number of the issued preference shares of LVHL to MUIP at a  total cash subscription price of GBP1,000,000 (“Subscription Consideration”) (collectively known as “Proposed CRNCPS Allotment”).

Please refer to the attachment for the details of the announcement.

This announcement is dated 10 July 2025.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3570365

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