HUMEIND

2.610

+0.04 (+1.6%)

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS HUME CEMENT INDUSTRIES BERHAD ("HCIB" OR THE "COMPANY") DISPOSAL OF 30,000,000 ORDINARY SHARES IN HUME CONCRETE SDN BHD ("HCCT"), A WHOLLY-OWNED SUBSIDIARY OF HCIB, REPRESENTING 100.0% EQUITY INTEREST IN HCCT, BY HCIB TO YTL CEMENT (SARAWAK) SDN BHD FOR A BASE DISPOSAL PRICE OF RM215.0 MILLION ("DISPOSAL")

HUME CEMENT INDUSTRIES BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description 
HUME CEMENT INDUSTRIES BERHAD ("HCIB" OR THE "COMPANY")

DISPOSAL OF 30,000,000 ORDINARY SHARES IN HUME CONCRETE SDN BHD ("HCCT"), A WHOLLY-OWNED SUBSIDIARY OF HCIB, REPRESENTING 100.0% EQUITY INTEREST IN HCCT, BY HCIB TO YTL CEMENT (SARAWAK) SDN BHD FOR A BASE DISPOSAL PRICE OF RM215.0 MILLION ("DISPOSAL")

Reference is made to the announcements dated 12 December 2025, 12 February 2026, 13 February 2026, 4 March 2026, 31 March 2026 and the circular to the shareholders of HCIB dated 13 February 2026 in relation to the Disposal ("Circular"). Unless otherwise stated, words and phrases used in this announcement shall have the same meaning as defined in the Circular.

 

On behalf of the Board, HLIB wishes to announce that following the completion of the Disposal, an aggregate amount of RM215,319,939 has been determined, which consists of the Final Disposal Consideration and the Subscription Amount (which had been utilised by HCCT to redeem all outstanding RCULS on the Completion Date in accordance with the terms of the SPA). 

 

 

This announcement is dated 7 September 2026.



Announcement Info

Company Name HUME CEMENT INDUSTRIES BERHAD
Stock Name HUMEIND
Date Announced 07 Sep 2026
Category General Announcement for PLC
Reference Number GA1-07092026-00039


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