TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS DISPOSAL BY ASTERASIA SDN. BHD., AN INDIRECT WHOLLY-OWNED SUBSIDIARY OF BEDI BERHAD (FORMERLY KNOWN AS WMG HOLDINGS BHD.) TO MYDIN WHOLESALE CASH AND CARRY SDN. BHD., OF A DOUBLE-STOREY HYPERMARKET BUILDING BEARING POSTAL ADDRESS OF LOT 3A, SEJATI COMMERCIAL, JALAN MERPATI, BATU 7, JALAN AIRPORT, 90000 SANDAKAN, SABAH, HELD UNDER COUNTRY LEASE 075636172 LOCATED IN THE DISTRICT OF SANDAKAN, SABAH FOR A TOTAL CASH CONSIDERATION OF RM85.00 MILLION ("DISPOSAL")
| BEDI BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | DISPOSAL BY ASTERASIA SDN. BHD., AN INDIRECT WHOLLY-OWNED SUBSIDIARY OF BEDI BERHAD (FORMERLY KNOWN AS WMG HOLDINGS BHD.) TO MYDIN WHOLESALE CASH AND CARRY SDN. BHD., OF A DOUBLE-STOREY HYPERMARKET BUILDING BEARING POSTAL ADDRESS OF LOT 3A, SEJATI COMMERCIAL, JALAN MERPATI, BATU 7, JALAN AIRPORT, 90000 SANDAKAN, SABAH, HELD UNDER COUNTRY LEASE 075636172 LOCATED IN THE DISTRICT OF SANDAKAN, SABAH FOR A TOTAL CASH CONSIDERATION OF RM85.00 MILLION ("DISPOSAL") |
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We refer to the announcement dated 13 November 2025 and the circular dated 11 February 2026 in relation to the Disposal (“Circular”). Unless the context otherwise stated, the terms used herein shall bear the same meaning as those defined in the Circular.
On behalf of the Board, New Paradigm wishes to announce that the Company has on 2 March 2026 received confirmation from its solicitors that all conditions precedent under the SPA have been fulfilled and the Disposal has become unconditional with effect from 26 February 2026.
This announcement is dated 2 March 2026. |
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Announcement Info
| Company Name | BEDI BERHAD |
| Stock Name | BEDI |
| Date Announced | 02 Mar 2026 |
| Category | General Announcement for PLC |
| Reference Number | GA1-02032026-00091 |