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Transactions (Chapter 10 Of Listing Requirements):Non Related Party Transactions

BackJan 06, 2014
Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description MCLEAN TECHNOLOGIES BERHAD
ADDITIONAL INFORMATION - PROPOSED DISPOSAL OF INJECTION BUSINESS BY TECHSIN ELECTRONICS WUXI CO, LTD, A WHOLLY-OWNED SUBSIDIARY OF MCLEAN TECHNOLOGIES BERHAD

(Unless otherwise stated, all definitions and terms used in this announcement shall have the same meanings as defined in the announcement dated 3 January 2014)

We refer to the Company’s earlier announcement dated 3 January 2014 in relation to the Proposed Disposal, on behalf of Mclean Technologies Berhad, the Board of Directors wishes to furnish additional information/clarification on the following in relation to the Proposed Disposal:-

1.    Consideration

The consideration for the disposal of Injection business machineries and Inventories is RMB 6,340,095 or equivalent to RM3,419,684 (at the   exchange rate of RM:RMB of 1.854 as at 31 December 2013).

2.    Original Cost and Dates of Investment

The original cost of investment of the disposed machineries is RMB 7,424,822. These were purchased between April 2007 and July 2012. 

The original cost of the disposed Inventories is RMB 3,201,245. These were purchased between April 2007 and November 2013.

This announcement is dated 6 January 2014

 


Announcement Info

Company Name MCLEAN TECHNOLOGIES BERHAD (ACE Market) 
Stock Name MCLEAN    
Date Announced 6 Jan 2014  
Category General Announcement
Reference No CA-140106-65036

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