Sarawak Cable buying Universal Cable, Leader Cable for RM210m

By Joseph Chin

Corporate News
Monday, 16 Jun 2014
1:30 PM MYT

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KUALA LUMPUR: Sarawak Cable Bhd has been offered to buy the 100% stakes in Universal Cable (M) Bhd and Leader Cable Industry Bhd from HNG Capital Sdn Bhd for an indicative purchase consideration of RM210mil.

Sarawak Cable said on Monday it had accepted the offer from HNG Capital to acquire the stakes which would be settled via cash, assumption of liabilities and the issuance of new Sarawak Cable shares.

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Market Summary

Quotes are delayed by at least 15 mins

Updated: 26 Mar 2025|10:05 AM

FBM KLCI

1522.44

8.84

0.58%

Vol ('00)

9,786,691

FBMKLCI

Day's Range

Low

1514.65

High

1524.63

52 Weeks Range

Low

1478.84

High

1685

Gainers230

Losers292

Unchanged348

Untraded1599

Go to Market Watch

Market Movers

Symbol	Open	High	Low	Last	Chg	%Chg	Vol ('00)
HSI-PWD1	0.210	0.210	0.195	0.205	-0.015	-6.82	1,709,840
HSI-CWEJ	0.160	0.170	0.160	0.165	0.010	6.45	1,479,481
HSI-CWEO	0.145	0.155	0.145	0.145	0.000	0.00	1,143,425
HSI-CWCY	0.165	0.170	0.160	0.160	0.005	3.23	591,659
HSI-PWD7	0.225	0.230	0.215	0.225	-0.025	-10.00	573,539
HSI-PWFJ	0.205	0.205	0.195	0.205	-0.005	-2.38	360,005
CLITE	0.230	0.235	0.220	0.225	-0.025	-10.00	341,949
HSI-CWCM	0.160	0.170	0.150	0.155	0.010	6.90	305,961
RENEUCO	0.050	0.060	0.050	0.055	0.005	10.00	287,968
XIAOMI-C36	0.220	0.220	0.215	0.215	0.000	0.00	168,992
HSI-PWFM	0.140	0.140	0.135	0.140	-0.005	-3.45	165,003
EDEN-WC	0.035	0.035	0.025	0.030	0.025	500.00	145,521
HSI-CWA5	0.060	0.060	0.035	0.035	-0.010	-22.22	106,500
BORNOIL-WE	0.005	0.005	0.005	0.005	0.000	0.00	101,922
JCY	0.430	0.430	0.405	0.415	-0.010	-2.35	94,878

Sarawak Cable buying Universal Cable, Leader Cable for RM210m