Maybulk Bhd · MYX:MAYBULK
Maybulk Bhd — Shareholder Meeting (July 2026)
9 slides from Maybulk Bhd's shareholder meeting presentation, Jul 20, 2026
Slide 1: Maybulk Berhad Extraordinary General Meeting
MAYBULK BERHAD Registration No. 198801008597 (175953-W) Incorporated in Malaysia Extraordinary General Meeting 20 July 2026 1
Slide 2: Ordinary Resolution: Proposed Disposal of Freehold Land
Ordinary Resolution PROPOSED DISPOSAL OF PARCELS OF FREEHOLD LAND HELD UNDER GERAN 455286, LOT119907 AND GERAN 455287, LOT 119908 (FORMERLY UNDER H.S.(D) 166441, PT 85116) LOCATED IN MUKIM OF KAPAR, DISTRICT OF KLANG, STATE OF SELANGOR BY MBC LOGISTIC HUB SDN BHD TO WG MALAYSIA VIII SDN BHD FOR A CA
Slide 3: Background Information
Background Information The Land was acquired via Sale and Purchase Agreement dated 29 August 2023 and the acquisition was approved by shareholders on 06 December 2023. The acquisition became unconditional on 8 January 2024 and was completed on 16 December 2024. The acquisition price of the land was
Slide 4: Background Information – Cont'd
Background Information – Cont’d Up to the date of the circular to shareholders, total cost incurred on the land are as follows: Cost of Investment RM’000 Cost of land 165,000 Stamp duty 6,584 Interest capitalised 14,630 Various professional fees 7,584 Total 193,798 Funded by: Term loan 140,000 Share
Slide 5: Gain On Disposal
Gain On Disposal Projected Gain on Disposal of Land RM’000 Sales consideration 278,049 Total cost up to the date of circular (193,798) Gross gain on disposal 84,251 Real properties gains tax at 30% (30,654) Early payment penalty on loan settlement (4,200) Other incidental costs (682) Net gain on dis
Slide 6: Proposed Utilisation of Proceeds
Proposed Utilisation of Proceeds Proposed Utilisation of Sales Proceeds RM’000 Special dividends #30,245 Repayment of borrowings & early payment 144,200 penalty Non-Controlling interest 41,005 Real properties gains tax 30,654 Other incidental cost 682 Acquisition of new business or assets 31,263 Tot
Slide 7: Conditions Precedent
Conditions Percedent The conditions precedent of the sale is as follows: Status By Maybulk: 1. Completion of sub-division Satisfied 2. Approval by shareholders of MBCLH and the Company Approval sought By Purchaser: 1. No objection confirmation from Ministry of Economy Pending 2. Letter of support fr
Slide 8: Payment Milestone
Payment Milestone Payment Milestone under the Sale and Purchase Agreement (“SPA”): RM’000 Status 1. Within 10 business days of SPA 27,805 Received 2. Within 14 business days of execution 27,805 Received of limited power of attorney 3. Early possession 55,610 Received 4. Within 14 business days from
Slide 9: End of Presentation
MAYBULK BERHAD Registration No. 198801008597 (175953-W) Incorporated in Malaysia Extraordinary General Meeting 20 July 2026 End Of Presentation 9