Mycron Steel Berhad | A pioneer in Cold Rolled Coils (CRC) and Steel Pipes

BURSA ANNOUNCEMENTS

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS MYCRON STEEL BERHAD ("MYCRON" OR THE "COMPANY") PROPOSED ACQUISITION

Date Published : 2026-06-15

MYCRON STEEL BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS
Description MYCRON STEEL BERHAD ("MYCRON" OR THE "COMPANY") PROPOSED ACQUISITION
On behalf of the Board of Directors of Mycron ("Board"), Kenanga Investment Bank Berhad ("Kenanga IB") wishes to announce that Melewar Steel Tube Sdn Bhd ("MST" or the "Purchaser"), a wholly-owned subsidiary of Mycron had on 15 June 2026 entered into a conditional sale and purchase agreement with Melewar Industrial Group Berhad ("MIGB" or the "Vendor") for the purchase by MST, and the sale by MIGB, of a parcel of leasehold industrial land held under PN 121387, Lot 10461 together with the buildings erected thereon, located in Seksyen 15, Town of Shah Alam, District of Petaling, State of Selangor ("Property") for a cash consideration of RM30.00 million ("Purchase Consideration") ("SPA") ("Proposed Acquisition").

Please refer to the attachment below for further details on the Proposed Acquisition.

This announcement is dated 15 June 2026.

Please refer attachment below.

Mycron Steel Berhad - Announcement.pdf
843.7 kB