|Subject||TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
BRAHIM'S HOLDINGS BERHAD PROPOSED DISPOSAL OF DEWINA HOST SDN BHD
The Board of Directors of Brahim’s Holdings Berhad (“Brahims” or the “Company“) wishes to announce that the Company had on 29 November 2019, entered into a Sale and Purchase of Shares Agreement with HMSHost International B.V. (“HMSH“) for the disposal of its entire equity interest in Dewina Host Sdn Bhd (“DHSB“), comprising 178,500 ordinary shares representing 51% equity interest in DHSB, to HMSH for a total cash consideration of RM7,878,495 (“Proposed Disposal“).
Please refer to the attachment for further details of the Proposed Disposal.
This announcement is dated 29 November 2019.