BWYS

0.170

-0.005 (-2.9%)

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS BWYS GROUP BERHAD ("BWYS" OR THE "COMPANY") PROPOSED ACQUISITION OF A PARCEL OF FREEHOLD INDUSTRIAL LAND HELD UNDER H.S.(D) 50254, PT 53925, MUKIM OF TANJONG DUABELAS, DISTRICT OF KUALA LANGAT, STATE OF SELANGOR DARUL EHSAN BY BW SCAFFOLD INDUSTRIES SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF BWYS FROM COMPASS IP SDN BHD FOR A TOTAL CASH CONSIDERATION OF RM94,479,631.50 ("DUABELAS LAND ACQUISITION")

BWYS GROUP BERHAD

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

PROPOSED ACQUISITION OF A PARCEL OF FREEHOLD INDUSTRIAL LAND HELD UNDER H.S.(D) 50254, PT 53925, MUKIM OF TANJONG DUABELAS, DISTRICT OF KUALA LANGAT, STATE OF SELANGOR DARUL EHSAN BY BW SCAFFOLD INDUSTRIES SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF BWYS FROM COMPASS IP SDN BHD FOR A TOTAL CASH CONSIDERATION OF RM94,479,631.50 ("DUABELAS LAND ACQUISITION")

(Unless otherwise stated, all abbreviations used herein shall have the same meanings as those stated in the circular dated 22 December 2025 ("Circular") in relation to the Duabelas Land Acquisition)

 

On behalf of the Board, M & A Securities wishes to announce that the solicitors, vide its letter dated 12 June 2026, informed that the conditions precedent of the Duabelas Land SPA have been fulfilled. Accordingly, the Duabelas Land SPA for the Duabelas Land Acquisition has become unconditional.

 

This announcement is dated 12 June 2026.



Announcement Info

Company Name BWYS GROUP BERHAD
Stock Name BWYS
Date Announced 12 Jun 2026
Category General Announcement for PLC
Reference Number GA1-12062026-00073


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