MSM International Limited Announces Completion of Disposal of Cosmos Technology Shares

Key Highlights

• MSM International Limited has completed the disposal of a significant portion of its investment in Cosmos Technology International Berhad.
• The disposal involved 4% of MSM International’s shareholding in Cosmos, equivalent to 10,260,026 ordinary shares, for a total cash consideration of RM4,045,980.00.
• The final tranche of the disposal, consisting of 5,130,026 shares, was sold to Dato’ Foong Wei Kuong after payment was received and the transfer was executed via designated brokers agreed upon by both parties.
• Post-disposal, MSM International retains a much smaller stake in Cosmos, now holding approximately 2% shareholding (5,130,052 ordinary shares).
• The announcement was made by Executive Chairman, Chan Kee Sieng, on 7 November 2025.

Investor Implications and Price Sensitivity

• Strategic Reduction of Stake: The completion of this disposal marks a strategic shift for MSM International, reducing its exposure to Cosmos Technology International Berhad. Investors should note that MSM International is no longer a significant shareholder in Cosmos, which could impact its future earnings and influence over Cosmos.
• Cash Injection: The disposal brings in a substantial cash consideration of RM4,045,980.00, potentially improving MSM International’s liquidity position, funding new investments or strengthening its balance sheet.
• Potential Share Price Impact: The sale of a large block of shares and the reduction of MSM’s stake in Cosmos may be price-sensitive, affecting both MSM International and Cosmos’s share prices. The market may react to MSM’s reduced holding and the identity of the new significant shareholder (Dato’ Foong Wei Kuong).
• Change in Shareholder Structure: With only a 2% stake remaining, MSM International will have limited influence on Cosmos’s future decisions and direction, which may be a material change for shareholders.
• Execution Transparency: The transaction was conducted via brokers mutually agreed by both parties, ensuring transparency and proper execution for all stakeholders.
• Ongoing Disclosure: The announcement was reviewed by the company’s sponsor, UOB Kay Hian Private Limited, but has not been examined or approved by the Singapore Exchange Securities Trading Limited (SGX-ST). SGX-ST does not assume responsibility for its contents.

Additional Details

• The sale was carried out in two tranches, with the completion marked by the disposal of the final block of shares.
• Dato’ Foong Wei Kuong is now a notable shareholder in Cosmos Technology International Berhad following the acquisition.
• MSM International’s remaining stake in Cosmos is now minor and may be considered a passive investment.
• Investors may wish to monitor MSM’s future plans regarding its remaining Cosmos shares and the use of sale proceeds.
• Contact information for the sponsor is provided: Mr. Lance Tan, Senior Vice President, UOB Kay Hian Private Limited, 83 Clemenceau Avenue, #10-01 UE Square, Singapore 239920, Tel: (65) 6590 6881.

Conclusion

The completed disposal of MSM International’s significant stake in Cosmos Technology International Berhad is a material development for shareholders. This strategic move can potentially impact MSM’s future growth direction, financial position, and influence in Cosmos. Investors should closely monitor any further announcements regarding the utilisation of sale proceeds and MSM’s future investment strategies.

Disclaimer

This article is for informational purposes only. It does not constitute investment advice or an offer to buy or sell any securities. Investors are advised to conduct their own due diligence and consult their financial advisors before making any investment decisions. The information herein is compiled from company announcements and is subject to change or clarification by the company or regulatory authorities.

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