Please refer to the earlier announcement reference number: MB-120817-6CF70
|Description||MALAYSIA BUILDING SOCIETY BERHAD ("MBSB" OR THE “COMPANY")
PROPOSED DISPOSAL OF PROPERTY TO WCT HARTANAH JAYA SDN. BHD., A WHOLLY OWNED SUBSIDIARY OF WCT LAND SDN BHD, WHICH IS IN TURN A WHOLLY OWNED SUBSIDIARY OF WCT BERHAD FOR A SALE CONSIDERATION OF RM180.0 MILLION ("PROPOSED DISPOSAL")
We refer to our announcement made on 23 August 2012 in relation to the proposed disposal of property to WCT Hartanah Jaya Sdn. Bhd. (Company No. 963911-K ) (“WCT” or the “Purchaser”), a wholly owned subsidiary of WCT Land Sdn Bhd (Company No. 324888-H) which is in turn a wholly owned subsidiary of WCT Berhad (Company No. 66538-K).
We wish to inform that there are amendments on items 7.2 and 7.3. The gain on disposal at MBSB Group level should be an approximate of RM55 million before estimated tax of 25%. The Accumulated Losses, Equity Attributable to Owners of the Company, Total Equity, NA Per Share, Gearing Ratio and Net Earnings Per Share are adjusted accordingly in the amended announcement to reflect the net tax position.
Please refer to the attachment for full text of the amended announcement.
This announcement is dated 24 August 2012.
|Company Name||MALAYSIA BUILDING SOCIETY BERHAD|
|Date Announced||24 Aug 2012|