Welcome to FACB Industries Investor Relations
FACBII is a diversified business group with steel manufacturing division as its flagship operation, i.e. stainless and carbon steel. The Group is also involved in the trading of steel related products and manufacturing & sales of bedding products. FACBII has over the past two decades build up its reputation for excellence in its products and services and FACBII is one of the leading and largest integrated stainless steel welded pipes and butt-weld fittings manufacturers in South East Asia since 1990s.
| Bursa Symbol: |
2984 |
| Currency |
RM |
| Last Done: |
0.500 |
| Volume ('00): |
40 |
| Change: |
+0.005 |
| % Change: |
+0.010 |
| Day's Range: |
0.450 - 0.500 |
| 52 Weeks' Range: |
0.200 - 0.560 |
Annual Report 2009
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- Dec 08, 2009
- Proposed Disposal of 600,000 Ordinary Shares of RM1.00 Each Representing 60% Equity Interest In Beribu Ukiran Sdn Bhd ("busb"), a subsidiary of FACB Industries Incorporated Berhad ("FACBII"), to Karambunai Corp Bhd ("KCB") For a Total Cash Consideration of RM3,160,934 ("Proposed Disposal");
Proposed Novation to Dapan Holdings Sdn Bhd ("DHSB"), A Wholly Owned Subsidiary of KCB, of RM33,373,382 Being the Amount Due and Owing by BUSB to FACBII and to be Paid by DHSB to FACBII and the Repayment Thereto to Be Guaranteed By KCB ("proposed Novation"); and
Proposed Termination of the shareholders Agreement Dated 31 March 1997 Made Between FACBII And KCB To Regulate Their Relationship As Shareholders Of BUSB ("Proposed Termination")
(collectively The "Proposals")