BINA DARULAMAN BERHAD ( BDB OR THE COMPANY )
|
|
- Peregrine Nash
- 5 years ago
- Views:
Transcription
1 BINA DARULAMAN BERHAD ( BDB OR THE COMPANY ) PROPOSED ACQUISITION OF APPROXIMATELY ACRES OF LAND ( LAND ) WHICH FORMS PART OF A LARGER PARCEL OF LAND HELD UNDER HS(D) 2980 PT 2518, BANDAR POKOK SENA, DISTRICT OF POKOK SENA, IN THE STATE OF KEDAH DARUL AMAN, TOGETHER WITH THE INFRASTRUCTURES ERECTED THEREON, AND THE DEVELOPMENT RIGHTS TO THE LAND, FOR A PURCHASE PRICE OF RM8,686, INTRODUCTION The board of directors of Bina Darulaman Berhad ( BDB or the Company ) wishes to announce that Kedah Holdings Sdn Bhd ( KHSB or Purchaser ), a wholly-owned subsidiary of the Company had on 15 December 2015 entered into a sale and purchase agreement with KTPC Construction Sdn Bhd ( KTPCC or Vendor ), a wholly-owned subsidiary of Perbadanan Kemajuan Negeri Kedah ( PKNK ) for the proposed acquisition of the Land, together with the infrastructures erected thereon, and the development rights to the Land ( SPA ), pursuant to the terms and conditions set out in the SPA. 2. DETAILS OF THE PROPOSED ACQUISITION 2.1 Information on KHSB KHSB was incorporated in Malaysia under the Companies Act 1965 as a private limited company on 2 February KHSB has an authorised share capital of RM25,000,000 comprising 25,000,000 ordinary shares of RM1 each, of which RM20,250,002 comprising 20,250,002 ordinary shares of RM1 each have been issued and fully paid-up. The principal activity of KHSB is property development and investment. 2.2 Information on KTPCC KTPCC was incorporated in Malaysia under the Companies Act 1965 as a private limited company on 24 March KTPCC has an authorised share capital of RM1,000,000 comprising 1,000,000 ordinary shares of RM1 each, of which RM750,000 comprising 750,000 ordinary shares of RM1 each have been issued and fully paid-up. The principal activity of KTPCC is building and general construction. 2.3 Proposed Acquisition The proposed acquisition involves the acquisition of approximately acres of land which forms part of a larger parcel of land held under HS(D) 2980 PT 2518, Bandar Pokok Sena, District of Pokok Sena, in the State of Kedah Darul Aman, together with the infrastructures erected thereon, and the development rights to the land ( Proposed Acquisition ) subject to the terms and conditions of the SPA. 2.4 Background to the SPA By a development agreement dated 25 April 2012 between PKNK and the Vendor, and a supplemental agreement dated 5 September 2013 (collectively referred to as the Development Agreement ), PKNK has agreed to appoint the Vendor for the
2 implementation and execution of the development of several parcels of land of a development known as Bandar Sejahtera ( Development ) which include the Land, of which PKNK is the registered proprietor, subject to the terms and conditions set forth therein. The Vendor had subsequently by a contract dated 8 July 2012 (Contract No.: CKTPCC/2012/001), appointed BDB Infra Sdn Bhd (formerly known as Bina & Kuari (K) Sdn Bhd) ( BDB Infra ), a wholly-owned subsidiary of the Company, as a contractor to execute primary infrastructure and related works for the development of Phase I Bandar Sejahtera, Daerah Pokok Sena, in the State of Kedah Darul Aman. As at 13 December 2015, there is an outstanding amount of RM4,638, only ( Debt ) that is owed by the Vendor to BDB Infra. Following discussions between the Company, the Vendor and PKNK, it was proposed that the Company be given the opportunity to acquire the Land with the Debt being set-off towards part satisfaction of the purchase price in the SPA. Pursuant to deliberations, BDB then decided that the Proposed Acquisition is more well suited to be undertaken by another wholly-owned subsidiary of BDB, namely KHSB. As such, by a Deed of Assignment dated 14 December 2015 between BDB Infra and the Purchaser, BDB Infra has assigned all of BDB Infra s rights, title and interest under Debt to the Purchaser, and the Vendor duly acknowledges the Debt and that it has received notice of the said assignment of Debt by BDB Infra to the Purchaser. Based on the above, in settlement of the Debt and by virtue of its rights derived under the Development Agreement, the Vendor has agreed to sell and the Purchaser has agreed to purchase the Land together with the infrastructures erected thereon, and the rights to develop the Land and all other approvals or consents obtained by the Vendor in respect of Land, free from all encumbrances and with vacant possession of the Land, at the price and upon the terms and conditions in the SPA. 2.5 Information on the Land The Land consists of approximately acres of land forming part of a larger parcel of land held under HS(D) 2980 PT 2518, Bandar Pokok Sena, District of Pokok Sena, in the State of Kedah Darul Aman ( Block Land ). The title for the Block Land ( Block Title ) was submitted in August 2015 for subdivision into, amongst others, the title for the Land ( Phase II Title ). The Block Title was issued to PKNK subsequent to the execution of the Development Agreement, pursuant to a subdivision process of the land held under HS(D) 2703 PT 2719, Bandar Pokok Sena, District of Pokok Sena, in the State of Kedah Darul Aman. The Phase II Title is expected to be issued within three (3) months from the date of this announcement. Primary infrastructures have been constructed on the Land. This includes water tank, sewerage treatment plant, main sewerline, main waterpipe and main road. A summary of the Block Land is as follows: Title No./Lot No. Land tenure Category of land use Land area Registered Owner Express condition : HS(D) 2980 PT 2518, Bandar Pokok Sena, District of Pokok Sena, in the State of Kedah Darul Aman : Freehold : Agriculture : hectares : Perbadanan Kemajuan Negeri Kedah : The land contained in this title shall only be used as an agricultural site 2
3 Restriction of interest : Ditegah tuan tanah membuat sebarang pengkiraan (dealings) di atas tanah yang hendak dimajukan sebagai tapak perumahan itu melainkan tuan tanah bina dan pelihara simpanan jalan itu dan taruh batu dan tar menurut taraf Jabatan Kerja Raya Serta perbuat parit-parit dengan sepuas hati Penguasa Tempatan serta mendapat sokongan daripada Jabatan Kerja Raya bahawa jalanjalan dan parit-parit itu dapat disempurnakan. Encumbrances : Nombor Perserahan: 38310/2015 Pindaan Cukai Tanah didaftarkan pada 21 September Information on the Planned Development Based on the current planning permission dated 11 January 2010, KHSB proposes to develop the Land into mixed development project comprising 255 units of double storey terrace house and 40 units of double storey shop offices, to be known as Phase II ( Planned Development ). The commencement and completion dates of the Planned Development will depend on, amongst others, the date of the issuance of the Phase II Title. The Planned Development is expected to cost approximately RM73,000,000 and will be funded via a combination of bank borrowings, progressive sales billings and internally-generated funds, the proportion of which has yet to be determined as at the date of this announcement. The expected profit to be derived from the Planned Development is approximately RM14,500, Salient Terms of the SPA Purchase Price and Payment Method The purchase price for the Proposed Acquisition shall be RM8,686, (excluding government and services tax ( GST )( Purchase Price ) and shall be paid by the Purchaser to the Vendor in the following manner: (b) (c) upon the execution of the SPA, the Purchaser to pay to the Vendor the deposit (which shall be a sum representing 10% of the Purchase Price), together with the GST in the sum of RM43, and a sum of RM2,000, towards settlement of the Purchase Price; consequent to the payment made under Section above, the Debt being set off from the remaining sum thereon; and the balance purchase price in the sum of RM1,179, ( Balance Purchase Price ) to be paid by the Purchaser to the Vendor in accordance to the following manner and subject to the terms of the SPA: (i) RM294, on 28 December 2015 ( First Tranche Payment ); (ii) RM294, on 10 April 2016; (iii) RM294, on 10 July 2016; and (iv) RM294, on 10 October
4 (d) In the event that the Phase II Title is extracted after the date that the First Tranche Payment is payable, the Vendor agrees that, notwithstanding Section (c)(i) above, the date of the First Tranche Payment shall be extended up to such time when the Phase II Title is issued and delivered to the Purchaser. In such event, the Vendor shall within three (3) days of the extraction of the Phase II Title, deposit with the Purchaser the Phase II Title and other relevant documents and the Purchaser shall simultaneously make the First Tranche Payment to the Vendor Completion of Sale and Purchase (b) The sale and purchase of the Land together with infrastructures erected thereon, and the development rights to the Land shall be completed upon the First Tranche Payment being made, or such other date as the Parties may mutually agree in writing and such date shall be the Completion Date. Notwithstanding Section above, the Purchaser s payment obligations as described in Section 2.7.1(c) above, shall continue to be enforceable under the SPA Delivery of Vacant Possession (b) The Vendor shall deliver vacant possession of the Land to the Purchaser on the date of the execution of this Agreement. In the event of the occurrence of Sections 2.7.4(b) or below, the Purchaser shall within fifteen (15) Business Days redeliver vacant possession of the Land to the Vendor Purchaser s Default In the event the Purchaser fails and or neglects to pay the Balance Purchase Price within the stipulated time as provided in the SPA or commits any breach of the terms of this SPA, the Vendor shall have the right at its discretion to do the following: (b) if the memorandum of transfer for the Land has been presented at the relevant land registry/office, to claim from the Purchaser a sum, and within such period, that is to be mutually agreed between both parties and thereafter, the Vendor shall have no further claims against the Purchaser; or if the memorandum of transfer for the Land has not been presented at the relevant land registry/ office, to terminate this SPA by giving written notice of ten (10) Business Days to the Purchaser, whereupon on the expiry of the stipulate ten (10) Business Days, the following consequences shall ensue:- (i) (ii) the Vendor shall forthwith refund all monies, if so paid by the Purchaser under the SPA to the Purchaser, together with interest accrued thereon to the Purchaser, if any, failing which the Vendor shall pay interest at the rate of eight percent (8%) per annum on the monies, if so paid, to be calculated from date of due refund to date of full refund of the same; and the Purchaser shall return or caused to be returned the Documents, to the Vendor (Provided that if the Transfer has been duly stamped, the Purchaser shall have the right to first apply to the collector of stamp duty for a refund of the stamp duty paid on the Transfer before returning the cancelled Transfer to the Vendor), 4
5 2.7.5 Vendor s Default thereafter the SPA shall be terminated and rendered null and void and the Parties hereto shall have no claim whatsoever in respect of and arising out of this Agreement. In the event of the Purchaser complying with all the terms and conditions of the SPA and the Vendor failing to complete the sale therein or commits any breach of the terms of the SPA, the Purchaser shall have the right at its discretion to terminate the SPA by giving written notice of ten (10) Business Days to the Vendor, whereupon on the expiry of the stipulated ten (10) Business Days, the following consequences shall ensue: - (i) (ii) (iii) the Vendor shall forthwith refund all such monies, if so paid by the Purchaser under the SPA to the Purchaser, together with interest accrued thereon to the Purchaser, if any, failing which the Vendor shall pay interest at the rate of eight percent (8%) per annum on the Deposit and all such monies, if so paid, to be calculated from date of due refund to date of full refund of the same; the Vendor shall pay to the Purchaser a sum equivalent to the Deposit as liquidated damages, failing which the Vendor shall pay interest at the rate of eight percent (8%) per annum on the Deposit and all such monies, if so paid, to be calculated from date of due refund to date of full refund of the same; the Purchaser shall return or cause to be returned the Documents, if so delivered by the Vendor to the Purchaser, to the Vendor (Provided that if the memorandum of transfer for the Land has been duly stamped, the Purchaser shall have the right to first apply to the collector of stamp duty for a refund of the stamp duty paid on the Transfer before returning the cancelled memorandum of transfer to the Vendor); and thereafter the SPA shall be terminated and rendered null and void and the Parties hereto shall have no claim whatsoever in respect of and arising out of the SPA. (b) Notwithstanding Section above, the Purchaser shall be entitled to proceed with specific performance proceedings against the Vendor and seek all reliefs flowing therefrom. 2.8 Basis on arriving at the Purchase Price The Purchase Price was arrived at on a willing buyer-willing seller basis based on negotiations with the Vendor and taking into consideration, amongst others, the following: The Purchase Price being calculated at the rate of RM5.50 per square foot for a total of land area of approximately acres on the basis of the Land being categorised for agricultural use; and (b) The market value valuation of the Block Land of RM8,484,000 as appraised by JB Jurunilai Bersekutu (Kedah) Sdn Bhd on 2 December 2015 based on the residual method as the primary method of valuation as it represents market value of the subject property and comparison method as a cross check. The financial information of the Land namely the book value of the Land is not available as the Company is not privy to such information. 5
6 2.9 Liabilities to be Assumed There are no liabilities, including contingent liabilities and guarantees to be assumed by KHSB apart from the liabilities under the SPA Source of Funding The Proposed Acquisition shall be funded via internally generated funds Original cost and date of investment The original cost of investment to PKNK as the registered proprietor, in several parcels of land in the District of Pokok Sena, including the Land is RM 5,120, only and the date of such investment is on 11 November RATIONALE The Proposed Acquisition will: provide immediate settlement for the Debt owed by KTPCC to KHSB; (b) provide KHSB an opportunity to optimise its expertise as a property developer; and (c) generate profit from the development of the Land. 4. PROSPECTS The future prospect of the Planned Development is favourable as it is located at a prime and stable area which is near to Pokok Sena Town. The Land can be accessed from Alor Setar City Center via main road of Jalan Langgar-Pokok Sena. As the Land is located in the middle of Pokok Sena Town, all the access to the administrative center is via metaled service road that connects directly to the Planned Development. The Planned Development is also equipped with existing basic facilities and amenities. 5. RISK FACTORS The Proposed Acquisition is subject to general economic risk and business risk. Further, there is also a risk of non-completion of the SPA. In the event that there is a non-completion or breach of the SPA and the fault lies with the Vendor, KHSB is likely to proceed with specific performance proceedings against the Vendor and seek all reliefs flowing thereform. 6. EFFECTS OF THE PROPOSED ACQUISITION 6.1 On Share Capital and Substantial Shareholders Shareholding The Proposed Acquisition will not have any effect on the share capital and substantial shareholders shareholding of the Company as it does not involve any issuance of new shares by the Company. 6
7 6.2 On Earnings Per Share, Net Assets Per Share and Gearing The Proposed Acquisition is not expected to have any immediate material effect on the earnings per share, net assets per share and gearing of the Company for the current financial year ending 31 December However, the Proposed Acquisition is expected to contribute positively to the future earnings of the BDB group of companies ( BDB Group ). 7. APPROVALS REQUIRED The Proposed Acquisition does not require the approval of the shareholders. 8. DIRECTORS AND MAJOR SHAREHOLDERS INTEREST The Land is presently owned by PKNK, who is a major shareholder of BDB and wholly owns KTPCC. Therefore, PKNK is interested in the Proposed Acquisition. Dato Abd Rahim bin Man, who is a director of BDB and KHSB, is also the Chief Executive Officer of PKNK and a director of KTPCC. Dato Izham Bin Yusoff, who is a director of BDB and KHSB, is also a Member of PKNK s executive committee (EXCO). Dato Hj Abdul Rahman bin Ibrahim, who is a director of BDB and KHSB, is also a former Chief Executive Officer of PKNK and was involved in the negotiations of the Development Agreement. Accordingly, Dato Abd Rahim bin Man, Dato Izham Bin Yusoff and Dato Hj Abdul Rahman bin Ibrahim are deemed interested in the Proposed Acquisition and have abstained from deliberations and voting at the relevant Board meetings of the BDB in relation to the Proposed Acquisition. Save as disclosed above, none of the directors or major shareholders of BDB or persons connected with them has any interest, whether direct or indirect, in the Proposed Acquisition. 9. OTHER TRANSACTIONS WITH RELATED PARTIES There have been no other transactions entered into between the BDB Group and KTPCC during the twelve (12) months preceding the date of this announcement. 10. AUDIT COMMITTEE S RECOMMENDATION The audit committee of BDB ( Audit Committee ), after having considered all aspects of the Proposed Acquisition, is of the opinion that the Proposed Acquisition is in the best interest of BDB Group and is not detrimental to the interests of the minority shareholders of BDB. The Audit Committee of BDB is of the view that the Proposed Acquisition is fair, reasonable and on normal commercial terms. In arriving at its view above, the Audit Committee had taken into consideration, among others, the following: the rationale for the Proposed Acquisition as set out in Section 3 above; (b) the basis of arriving at the Purchase Price as set out in Section 2.8 above; 7
8 (c) the salient terms and conditions of the SPA as set out in Section 2.7 above; and (d) the prospects of the Land as set out in Section 4 above. 11. STATEMENT BY THE BOARD OF DIRECTORS The Board of Directors of BDB, having considered all aspects of the Proposed Acquisition including but not limited to the rationale, fairness of consideration, the SPA and recommendation by the Audit Committee, is of the opinion that the Proposed Acquisition is in the best interests of BDB Group and is not detrimental to the interests of the minority shareholders of BDB. The Board of Directors is of the view that the Proposed Acquisition is fair and reasonable. 12. HIGHEST PERCENTAGE RATIO The highest percentage ratio pursuant to paragraph 10.02(g) Bursa Chapter 10 Transactions is 4.08%. 13. COMPLETION TIMEFRAME Barring unforeseen circumstances, the Proposed Acquisition is expected to be completed within three (3) months from today unless extended by the mutual agreement of both parties. 14. DOCUMENTS FOR INSPECTION The SPA is available for inspection at the registered office of the Company at Level 9 & 10, Menara BDB, 88, Lebuhraya Darulaman Alor Setar, Kedah from Sundays to Thursdays during normal business hours (except public holidays) for a period of three (3) months from the date of this announcement. This announcement is dated 15 December
ANNOUNCEMENT BINA DARULAMAN BERHAD ( BDB OR THE COMPANY ) PURCHASE OF LAND BY A WHOLLY OWNED SUBSIDIARY OF BDB BDB LAND SDN BHD
ANNOUNCEMENT BINA DARULAMAN BERHAD ( BDB OR THE COMPANY ) PURCHASE OF LAND BY A WHOLLY OWNED SUBSIDIARY OF BDB BDB LAND SDN BHD 1.0 INTRODUCTION The Board of Directors of BDB ( the Board ) wishes to announce
More informationANNOUNCEMENT SUBJECT: TRANSACTION (CHAPTER 10 OF LISTING REQUIREMENTS) GABUNGAN AQRS BERHAD ("GBGAQRS" OR THE COMPANY")
ANNOUNCEMENT SUBJECT: TRANSACTION (CHAPTER 10 OF LISTING REQUIREMENTS) GABUNGAN AQRS BERHAD ("GBGAQRS" OR THE COMPANY") PROPOSED ACQUISITION OF TWO (2) UNITS OF DOUBLE-STOREY SHOPHOUSES HELD UNDER TITLES
More informationY&G CORPORATION BHD (6403-X) (Incorporated in Malaysia)
Y&G CORPORATION BHD (6403-X) (Incorporated in Malaysia) Subject : OTHERS Y&G CORPORATION BHD ( Y&G ) PROPOSED ACQUISITION OF THE ENTIRE ISSUED SHARE CAPITAL OF MAHA HARAPAN SDN BHD (CO. NO. 1099576-T)
More information(b) Geran Mukim 4322, Lot 56102, Mukim Kuala Lumpur
TIGER SYNERGY BERHAD ( TIGER or the Company ) - SALE OF PROPERTY BY MHB PROPERTY DEVELOPMENT SDN BHD, A WHOLLY- OWNED SUBSIDIARY OF TIGER SYNERGY BERHAD TO DATO' TAN WEI LIAN 1. INTRODUCTION Pursuant to
More informationPROPOSED ACQUISITION OF LAND BY BAZARBAYU SDN BHD, A WHOLLY- OWNED SUBSIDIARY OF FUTUTECH, FROM KYM LEISURE SDN BHD
FUTUTECH BERHAD ( FUTUTECH OR THE COMPANY ) PROPOSED ACQUISITION OF LAND BY BAZARBAYU SDN BHD, A WHOLLY- OWNED SUBSIDIARY OF FUTUTECH, FROM KYM LEISURE SDN BHD 1. INTRODUCTION The Board of Directors of
More informationTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): NON RELATED PARTY TRANSACTIONS
TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): NON RELATED PARTY TRANSACTIONS OSK PROPERTY HOLDINGS BERHAD ( OSKPH OR THE COMPANY ) PROPOSED DISPOSAL BY OSK PROPERTIES SDN. BHD. (COMPANY NO. 258559-V),
More information1.0 INTRODUCTION 2.0 DETAILS OF THE PROPOSED ACQUISITION. 2.1 Information on the Sale Land
PERAK TRANSIT BERHAD ( PTRANS OR THE COMPANY ) PROPOSED ACQUISITION OF LAND IN BIDOR, PERAK ( THE SALE LAND ) BY THE COMBINED BUS SERVICES SDN BHD, A 99.89% OWNED SUBSIDIARY OF PTRANS FOR A TOTAL CASH
More informationThe Property is located within Excellent Technology Park III, a light industrial development in Daerah Klang, Selangor Darul Ehsan.
1. INTRODUCTION The Board of Directors of the Company wishes to announce that Rhone Ma Malaysia Sdn. Bhd. ( RMM ), a wholly-owned subsidiary of the Company, had on 1 August 2017 entered into a Sale and
More informationDirectors/Shareholders No. of Shares Held Percentage of Shareholdings Madam Seah Joo Noi 90 90% Mr. Tan Kok Siang - - Mr. Tan Wei Zhi 10 10%
BRITE-TECH BERHAD ( BTECH OR THE COMPANY ) PROPOSED ACQUISITION OF PROPERTY BY TAN TECH-POLYMER SDN. BHD., A SUBSIDIARY OF BRITE-TECH BERHAD ( PROPOSED ACQUISITION ) 1. INTRODUCTION The Board of Directors
More informationSTAR PUBLICATIONS (MALAYSIA) BERHAD ( STAR
STAR PUBLICATIONS (MALAYSIA) BERHAD ( STAR or the Company ) - Proposed Disposal of the Company's Land Known As H.S. (D) 259880, No. Lot PT 16 Seksyen 13, Bandar Petaling Jaya, Daerah Petaling, Negeri Selangor
More information1. INTRODUCTION 2. DETAILS OF THE PROPOSED ACQUISITION. 2.1 Proposed Acquisition
SASBADI HOLDINGS BERHAD (I) PROPOSED ACQUISITION BY SASBADI SDN BHD, A WHOLLY OWNED SUBSIDIARY OF SASBADI HOLDINGS BERHAD, OF TWO (2) UNITS OF RETAIL LOTS DISTINGUISHED AS PARCEL NOS. L1.09 AND L1.10,
More informationThe directors of SESB in office as at the date of this announcement are : a) Tan Kok Ming b) Lim Soo Kiaw c) Tan Yong Yew
KHIND HOLDINGS BERHAD (380310 D) PROPOSED ACQUISITION BY KHIND-MISTRAL (BORNEO) SDN BHD (234614-W) ( KMBSB OR THE PURCHASER ), A WHOLLY OWNED SUBSIDIARY OF KHIND HOLDINGS BHD ( KHIND OR THE COMPANY ),
More informationSUBJECT: TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) - NON RELATED PARTY TRANSACTIONS
TYPE: ANNOUNCEMENT SUBJECT: TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) - NON RELATED PARTY TRANSACTIONS DESCRIPTION: M K LAND HOLDINGS BERHAD ( M K LAND OR THE COMPANY) - DISPOSAL OF NINE PARCELS
More informationCREST BUILDER HOLDINGS BERHAD ( CREST BUILDER OR COMPANY )
CREST BUILDER HOLDINGS BERHAD ( CREST BUILDER OR COMPANY ) PROPOSED DISPOSAL BY CREST BUILDER SDN BHD ( CBSB OR VENDOR ), A WHOLLY- OWNED SUBSIDIARY OF CREST BUILDER, OF A PARCEL OF LEASEHOLD LAND LOCATED
More informationANNOUNCEMENT SUBJECT : TRANSACTION (CHAPTER 10 OF LISTING REQUIREMENTS) GABUNGAN AQRS BERHAD ( GBGAQRS OR THE COMPANY )
ANNOUNCEMENT SUBJECT : TRANSACTION (CHAPTER 10 OF LISTING REQUIREMENTS) GABUNGAN AQRS BERHAD ( GBGAQRS OR THE COMPANY ) PROPOSED SALE OF LAND BY THE COMPANY S 52%-OWNED SUBSIDIARY, PRESTIGE FIELD DEVELOPMENT
More informationAJINOMOTO (MALAYSIA) BERHAD ( AMB OR THE COMPANY )
AJINOMOTO (MALAYSIA) BERHAD ( AMB OR THE COMPANY ) PROPOSED ACQUISITION OF A PIECE OF FREEHOLD LAND MEASURING APPROXIMATELY 2,030,116.58 SQUARE FEET (188,604.18 SQUARE METERS) LOCATED IN TECHPARK@ENSTEK,
More informationPostal address : Lot Nos. 7 and 9, Jalan Teknologi 3/1, Taman Sains Selangor 1, Kota Damansara, Petaling Jaya, Selangor Darul Ehsan
PARAMOUNT CORPORATION BERHAD PROPOSED DISPOSAL OF TWO (2) CONTIGUOUS PARCELS OF LEASEHOLD LAND HELD UNDER TITLES H.S.(D) 242971 PT 10568 AND H.S.(D) 242972 PT 10570, ALL SITUATED IN MUKIM PEKAN BARU SUNGAI
More informationSDGB and the Vendor are hereinafter collectively referred to as the Parties.
SERBA DINAMIK HOLDINGS BERHAD ( SERBA ) PROPOSED ACQUISITION OF A 16-STOREY OFFICE BUILDING WITH A 4-STOREY BASEMENT CARPARK ERECTED ON HSD 143324, PT NO. 18, SEKSYEN 14, BANDAR SHAH ALAM, DAERAH PETALING,
More information2. DETAILS OF THE ACQUISITION. 2.1 Details of the property.
RELATED PARTY TRANSACTION. ACQUISITION OF LANDED PROPERTY BY MY SQUARES DEVELOPMENT SDN BHD (260412-D)( THE PURCHASER ), A 51% SUBSIDIARY OF MINHO (M) BERHAD (200930-H) FROM A RELATED PARTIES, NG KIM KEE
More informationTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): NON RELATED PARTY TRANSACTIONS
TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): NON RELATED PARTY TRANSACTIONS VERSATILE CREATIVE BERHAD ( VCB OR THE COMPANY ) PROPOSED DISPOSAL OF ALL THAT PIECE OF FACTORY HELD UNDER INDIVIDUAL TITLE
More informationPROPOSED DISPOSAL OF FREEHOLD LAND MEASURING A TOTAL OF APPROXIMATELY HECTARES FOR A TOTAL CASH CONSIDERATION OF RM143.
BOUSTEAD PLANTATIONS BERHAD ( BPB OR COMPANY ) PROPOSED DISPOSAL OF FREEHOLD LAND MEASURING A TOTAL OF APPROXIMATELY 247.32 HECTARES FOR A TOTAL CASH CONSIDERATION OF RM143.21 MILLION 1. INTRODUCTION Reference
More informationThe Disposal Consideration was arrived at on a willing-buyer willing-seller basis after negotiations between Nepfield and Sunrise Pioneer.
CREST BUILDER HOLDINGS BERHAD ( CREST BUILDER OR COMPANY ) PROPOSED DISPOSAL BY NEPFIELD SDN BHD ( NEPFIELD OR VENDOR ), A WHOLLY- OWNED SUBSIDIARY OF CREST BUILDER, OF A PARCEL OF FREEHOLD LAND LOCATED
More information: TROPICANA CORPORATION BERHAD. Stock Code : 5401 : Announcement. Description : TROPICANA CORPORATION BERHAD ( TROPICANA )
Company Name : TROPICANA CORPORATION BERHAD Stock Name : TROP Stock Code : 5401 Type : Announcement Subject : TRANSACTION Description : TROPICANA CORPORATION BERHAD ( TROPICANA ) DISPOSAL OF OFFICE PREMISES
More informationTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
GENERAL ANNOUNCEMENT TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS BSL CORPORATION BERHAD ( BSL OR THE COMPANY ) PROPOSED DISPOSAL OF ALL THAT PIECE OF FREEHOLD LAND
More information(a) Land : Held under HSD 16097, PT 7886, Mukim Gemencheh, Daerah Tampin, Negeri Sembilan
BERTAM ALLIANCE BERHAD ( BERTAM or THE COMPANY ) PROPOSED DISPOSAL OF AGRICULTURE LAND HELD UNDER HSD 16097, PT 7886, MUKIM GEMENCHEH, DAERAH TAMPIN, NEGERI SEMBILAN MEASURING WITH AN AREA OF 196.3 HECTARES
More informationTROPICANA CORPORATION BERHAD (FORMERLY KNOWN AS DIJAYA CORPORATION BERHAD) ( TROPICANA OR COMPANY )
TROPICANA CORPORATION BERHAD (FORMERLY KNOWN AS DIJAYA CORPORATION BERHAD) ( TROPICANA OR COMPANY ) PROPOSED DISPOSAL BY SAPPHIRE INDEX SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF TROPICANA, OF LEASEHOLD LAND
More informationPROPOSED ACQUISITION OF A FREEHOLD LAND LOCATED AT MUKIM OF KOTA TINGGI, DAERAH KOTA TINGGI, JOHOR FOR A TOTAL CASH CONSIDERATION OF RM21,935,236.
CHIN HIN GROUP BERHAD Type Subject Description Announcement OTHERS CHIN HIN GROUP BERHAD PROPOSED ACQUISITION OF A FREEHOLD LAND LOCATED AT MUKIM OF KOTA TINGGI, DAERAH KOTA TINGGI, JOHOR FOR A TOTAL CASH
More informationRELATED PARTY TRANSACTION ON THE SALE OF PROPERTY BY SINMAH BREEDERS SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF FBB, TO MAX JOINTWELL SDN BHD
FARM S BEST BERHAD ( FBB OR COMPANY ) RELATED PARTY TRANSACTION ON THE SALE OF PROPERTY BY SINMAH BREEDERS SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF FBB, TO MAX JOINTWELL SDN BHD 1. INTRODUCTION Pursuant to
More informationFurther details on the Proposed Land Acquisition are set out in the ensuing sections.
ASDION BERHAD ( ASDION OR THE COMPANY ) - PROPOSED ACQUISITION OF A VACANT LAND HELD UNDER INDIVIDUAL TITLE GERAN NO. 3906 LOT NO. 22 IN THE PEKAN KEMASIK, DISTRICT OF KEMAMAN AND STATE OF TERENGGANU FOR
More informationAs at the announcement date, the Directors of Vendor C are as follows:
DISPOSAL OF LANDS BY SENTOSACOVE DEVELOPMENT SDN BHD, OCEANVIEW REALTY SDN BHD AND STRATEGIC COVE SDN BHD, ALL OF WHICH ARE WHOLLY-OWNED SUBSIDIARIES OF BENALEC SDN BHD, WHICH IN TURN IS A WHOLLY-OWNED
More informationKPJ HEALTHCARE BERHAD ( KPJ or COMPANY )
KPJ HEALTHCARE BERHAD ( KPJ or COMPANY ) PROPOSED DISPOSAL OF A 5-STOREY CARPARK BLOCK TOGETHER WITH A HALF BASEMENT LEVEL AND AN OPEN ROOF LEVEL ( PROPERTY ) IN SHAH ALAM BY SELANGOR SPECIALIST HOSPITAL
More informationSentosa Sdn. Bhd. MKH Berhad 100%
GREENYIELD BERHAD ( GREENYIELD OR THE COMPANY ) PROPOSED ACQUISITION BY GIM TRIPLE SEVEN SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF GREENYIELD, OF A SIX STOREY SHOP OFFICE LOCATED AT NO. G-, NO. 1-, NO. 2-,
More informationLION INDUSTRIES CORPORATION BERHAD ( LICB OR THE COMPANY )
LION INDUSTRIES CORPORATION BERHAD ( LICB OR THE COMPANY ) I. Proposed sale by Lion Metal Industries Sdn Bhd, a wholly-owned subsidiary of LICB, of a piece of leasehold land in Klang, Selangor Darul Ehsan
More informationDISPOSAL OF PROPERTIES TO RELATED PARTY BY JKG CENTRAL PARK SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF JKG
JKG LAND BERHAD ( JKG OR THE COMPANY ) DISPOSAL OF PROPERTIES TO RELATED PARTY BY JKG CENTRAL PARK SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF JKG 1. INTRODUCTION The Board of Directors of JKG ( Board ) wishes
More information1. INTRODUCTION 2. DETAILS OF THE LAND DISPOSAL
BENALEC HOLDINGS BERHAD ( BENALEC OR THE COMPANY ) DISPOSAL OF SIX (6) PIECES OF LEASEHOLD VACANT LAND BY ORIENTALCOVE PROPERTY SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF BENALEC SDN. BHD., WHICH IN TURN
More informationFARM S BEST BERHAD ( FBB OR COMPANY )
FARM S BEST BERHAD ( FBB OR COMPANY ) PROPOSED DISPOSAL OF TEN (10) PARCELS OF FREEHOLD VACANT LAND IN MUKIM GRISEK, DAERAH LEDANG, JOHOR ( LAND ) BY SINMAH POULTRY FARM SDN BHD ( SINMAH OR VENDOR ), A
More informationDatuk Bandar and Cordova are collectively referred to as Parties and individually as Party.
MAH SING GROUP BERHAD ( MAH SING OR COMPANY ) PROPOSED ACQUISITION BY NATURE LEGEND DEVELOPMENT SDN BHD, A WHOLLY- OWNED SUBSIDIARY OF MAH SING, OF THE ENTIRE EQUITY INTEREST IN CORDOVA LAND SDN BHD, WHICH
More informationANNOUNCEMENT TANCO HOLDINGS BERHAD ( TANCO OR COMPANY )
ANNOUNCEMENT TANCO HOLDINGS BERHAD ( TANCO OR COMPANY ) PROPOSED DISPOSAL OF ONE (1) PIECE OF FREEHOLD AND VACANT LAND IDENTIFIED AS HS(D) 13103 PT 2790, MUKIM PASIR PANJANG, DAERAH PORT DICKSON, NEGERI
More informationKPJ HEALTHCARE BERHAD ( KPJ OR THE COMPANY )
KPJ HEALTHCARE BERHAD ( KPJ OR THE COMPANY ) PROPOSED ACQUISITION BY KUMPULAN PERUBATAN (JOHOR) SDN BHD (COMPANY NO. 170968-A) ( KPJSB ), A WHOLLY-OWNED SUBSIDIARY OF KPJ, OF COMMERCIAL PARCEL(S) MEASURING
More informationUTUSAN MELAYU (MALAYSIA) BERHAD
UTUSAN MELAYU (MALAYSIA) BERHAD - PROPOSED DISPOSAL OF 60,000 ORDINARY SHARES OF RM1.00 EACH IN UTUSAN STUDIOS SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY TO RAWDAH S&S SDN BHD FOR A TOTAL CONSIDERATION
More informationTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): NON RELATED PARTY TRANSACTIONS
EDEN INC. BERHAD ( EDEN OR THE COMPANY ) TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): NON RELATED PARTY TRANSACTIONS PROPOSED DISPOSAL OF ONE VACANT INDUSTRIAL LAND HELD UNDER PLOT 5, PAJAKAN NEGERI
More informationDutaLand Berhad (Company No V)
DutaLand Berhad (Company No. 7296-V) Announcement to Bursa Malaysia Securities Berhad DUTALAND BERHAD - PROPOSED DISPOSAL OF A PIECE OF DEVELOPMENT LAND UNDER THE KENNY HEIGHTS JOINT VENTURE 1. INTRODUCTION
More informationtogether with the following Buildings in which TIM s factory operations were carried out:
BRITISH AMERICAN TOBACCO (MALAYSIA) BERHAD ("BATM" OR "COMPANY") PROPOSED DISPOSAL BY TOBACCO IMPORTERS AND MANUFACTURERS SDN BERHAD ( TIM ), A WHOLLY-OWNED SUBSIDIARY OF BATM, OF ITS TWO PARCELS OF LEASEHOLD
More informationPMB TECHNOLOGY BERHAD
PMB TECHNOLOGY BERHAD (Company No.: 584257-X) Lot 1797, Jalan Balakong, Bukit Belimbing, 43300, Sri Kembangan, Selangor Darul Ehsan, Malaysia. Tel. : 603-89615205. Fax. : 603-89611904. PMB TECHNOLOGY BERHAD
More informationThe proposed acquisition has been completed on even date, following the execution of the SPA and fulfillment of the conditions precedent of the SPA.
KULIM (MALAYSIA) BERHAD ( KULIM OR THE COMPANY ) PROPOSED ACQUISITION OF 14.0 ACRES OF INDUSTRIAL LAND HELD UNDER PTD 155663 HS (D) 303856 MUKIM PLENTONG BY KULIM (MALAYSIA) BERHAD ( KULIM ) FROM JOHOR
More informationMEDA INC BHD ( MEDA INC OR THE COMPANY ) AND ITS SUBSIDIARY COMPANIES ( MEDA GROUP )
MEDA INC BHD ( MEDA INC OR THE COMPANY ) AND ITS SUBSIDIARY COMPANIES ( MEDA GROUP ) PROPOSED DISPOSAL BY NANDEX LAND SDN. BHD., A WHOLLY OWNED SUBSIDIARY OF MEDA OF APPROXIMATELY 85.98 ACRES (347,948.72
More informationPROPOSED DISPOSAL OF THE PROPERTY AND ASSETS RELATED TO THE BEVERAGE BUSINESS
ENVICTUS INTERNATIONAL HOLDINGS LIMITED (Company Registration No: 200313131Z) PROPOSED DISPOSAL OF THE PROPERTY AND ASSETS RELATED TO THE BEVERAGE BUSINESS 1. INTRODUCTION 1.1 The board of directors (the
More informationPROPOSED ACQUISITION OF LANDS BY TUJUAN OPTIMA SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF GLM
GUOCOLAND (MALAYSIA) BERHAD ( GLM OR THE COMPANY ) PROPOSED ACQUISITION OF LANDS BY TUJUAN OPTIMA SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF GLM 1. INTRODUCTION GLM writes to inform that Tujuan Optima Sdn Bhd
More informationFreehold Sime Darby Plantation (Peninsular) Sdn Bhd ( SDPPSB ) Sime Darby s original cost of investment in the Land is RM1.1 million.
SIME DARBY BERHAD ( SIME DARBY ) PROPOSED DISPOSAL OF FREEHOLD LAND IN NEW LUNDERSTON ESTATE MEASURING APPROXIMATELY 297.51 ACRES TO PNB DEVELOPMENT SDN BERHAD BY SIME DARBY BUILDERS SDN BHD, AN INDIRECT
More informationThe salient terms and conditions for the Proposed Disposal based on the SPA, among others, are as follows:
( SPB OR COMPANY ) PROPOSED DISPOSAL OF A PARCEL OF FREEHOLD LAND MEASURING APPROXIMATELY 25,686 SQUARE METRES HELD UNDER GERAN 70133 LOT 56495 MUKIM/DAERAH KUALA LUMPUR, NEGERI WILAYAH PERSEKUTUAN KUALA
More informationFOCUS POINT HOLDINGS BERHAD ( FOCUS POINT
Company Name : FOCUS POINT HOLDINGS BERHAD ( FOCUS POINT or THE COMPANY ) Stock Name : FOCUSP Date Announced : 12th May 2015 Type : Announcement Subject : FOCUS POINT HOLDINGS BERHAD (884238-U) ("FOCUS
More informationAxis-REIT proposes to dispose of Axis Eureka for a total lump sum cash consideration of RM56,132, to the Purchaser.
GENERAL ANNOUNCEMENT AXIS REAL ESTATE INVESTMENT TRUST ( AXIS-REIT OR FUND ) PROPOSED DISPOSAL BY AXIS-REIT OF A 4-STOREY PURPOSE-BUILT OFFICE BUILDING BUILT ON FREEHOLD LAND HELD UNDER GRN 207772/LOT
More informationANNOUNCEMENT SUBJECT : TRANSACTION (CHAPTER 10 OF LISTING REQUIREMENTS) GABUNGAN AQRS BERHAD ( GBGAQRS OR THE COMPANY )
ANNOUNCEMENT SUBJECT : TRANSACTION (CHAPTER 10 OF LISTING REQUIREMENTS) GABUNGAN AQRS BERHAD ( GBGAQRS OR THE COMPANY ) PROPOSED SALE OF LAND BY THE COMPANY S WHOLLY-OWNED SUBSIDIARY, NUSVISTA DEVELOPMENT
More informationSubject : TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Stock Name : TANCO Stock Code : 2429 Type : GENERAL ANNOUNCEMENT Description : TANCO HOLDINGS BERHAD ( TANCO OR COMPANY ) ACQUISITION OF A FOUR-STOREY BUILDING TOGETHER WITH ALL ITS EXISTING FITTINGS AND
More information(iii) The existing use (whether rented out or own use) and proposed use. The property is a vacant land and for own use.
GENERAL ANNOUNCEMENT PJBUMI BERHAD DISPOSAL OF PROPERTY 1. INTRODUCTION PJBumi Berhad ( the Company or PJBumi or the Vendor ) wishes to announce that the Company has entered into a Sale and Purchase Agreement
More informationGeneral Announcement. Submitted
Form Version 7 (Enhanced) Initiated by BRITISH AMERICAN TOBACCO on 20/08/2010 03:42:53 PM Submitted by BRITISH AMERICAN TOBACCO on 08/10/2010 05:04:02 PM Reference No BA-100820-56572 Submitted Company
More informationGLOBAL ORIENTAL BERHAD ( GOB or Company or Vendor )
1. INTRODUCTION The Board of Directors of GOB wishes to announce that the Company had on 22 December 2015 entered into a share sale agreement ( SSA ) with Batu Kawan Development Sdn Bhd ( BKDSB or Purchaser
More informationACQUISITION OF LAND BY CYCLE & CARRIAGE BINTANG BERHAD ( CCB or Purchaser )
ACQUISITION OF LAND BY CYCLE & CARRIAGE BINTANG BERHAD ( CCB or Purchaser ) PROPOSED ACQUISITION OF ALL THAT PIECE OF LEASEHOLD LAND TOGETHER WITH A FACTORY BUILDING ERECTED THEREON BY CCB FOR A PURCHASE
More informationsubject to the terms and conditions as stipulated in the SPA ( Disposal ). (Land 1 and Land 2 are collectively referred to as Land or Property )
WAH SEONG CORPORATION BERHAD (495846-A) STOCK NAME : WASEONG TYPE : GENERAL ANNOUNCEMENT SUBJECT : TRANSACTIONS (CHAPER 10 OF LISTING REQUIREMENTS) - NON RELATED PARTY TRANSACTIONS DESCRIPTION : WAH SEONG
More informationGeneral Announcement Reference No. GA APPENDIX 1
APPENDIX 1 CAB CAKARAN CORPORATION BERHAD ACQUISITION OF PROPERTY BY HOME MART FRESH & FROZEN SDN. BHD. (FORMERLY KNOWN AS CAB FOOD SDN. BHD.), A WHOLLY-OWNED SUB- SUBSIDIARY OF CAKARAN CORPORATION BERHAD
More informationLION DIVERSIFIED HOLDINGS BERHAD ( LDHB OR THE COMPANY )
LION DIVERSIFIED HOLDINGS BERHAD ( LDHB OR THE COMPANY ) I. disposal by CPB Enterprise Sdn Bhd, a wholly-owned subsidiary of the Company, of a piece of leasehold land in Mukim Cheng, Daerah Melaka Tengah,
More informationLim Hoe Studio apartment in Tower H, EkoCheras (Parcel No: H-28-02) Lim Hoe Studio apartment in Tower H, EkoCheras (Parcel No: H-28-03)
1.0 INTRODUCTION The Board of Directors of Ekovest ( Board ), wishes to announce that our wholly-owned subsidiary, Ekovest Capital Sdn Bhd (formerly known as Prompt Capital Sdn Bhd) ( Ekovest Capital ),
More informationNON RELATED PARTY TRANSACTION - PROPOSED SALE OF LOT 482 BLOCK 4 MIRI CONCESSION LAND DISTRICT BY SEALINK SDN. BHD. TO CMS CEMENT INDUSTRIES SDN BHD
SEALINK INTERNATIONAL BERHAD ( SEALINK ) NON RELATED PARTY TRANSACTION - PROPOSED SALE OF LOT 482 BLOCK 4 MIRI CONCESSION LAND DISTRICT BY SEALINK SDN. BHD. TO CMS CEMENT INDUSTRIES SDN BHD 1. INTRODUCTION
More informationCHEMICAL COMPANY OF MALAYSIA BERHAD ( CCMB OR THE COMPANY )
CHEMICAL COMPANY OF MALAYSIA BERHAD ( CCMB OR THE COMPANY ) PROPOSED DISPOSAL OF LAND HELD UNDER H.S.(D) 75345, PT 6055, IN MUKIM OF LABU, DISTRICT OF SEREMBAN, STATE OF NEGERI SEMBILAN MEASURING APPROXIMATELY
More informationPROPOSED DISPOSAL OF A PARCEL OF LAND ADJACENT TO SUNWAY CARNIVAL SHOPPING MALL LOCATED IN SEBERANG JAYA, PENANG ( PROPOSED DISPOSAL )
SUNWAY BERHAD ( SUNWAY ) PROPOSED DISPOSAL OF A PARCEL OF LAND ADJACENT TO SUNWAY CARNIVAL SHOPPING MALL LOCATED IN SEBERANG JAYA, PENANG ( PROPOSED DISPOSAL ) 1. INTRODUCTION The Board of Directors of
More information1.0 Introduction. The SHA and DRA are hereinafter referred to as the Proposals. 2.0 Information on HSLD, TTDI KL and GSSB 2.1 HSLD
Hap Seng Consolidated Berhad ( HSCB or the Company ) (I) Shareholders Agreement between Hap Seng Land Development Sdn Bhd, TTDI KL Metropolis Sdn Bhd and Golden Suncity Sdn Bhd; and (II) Development Rights
More informationLAND & GENERAL BERHAD ( L&G or the COMPANY )
LAND & GENERAL BERHAD ( L&G or the COMPANY ) PROPOSED ACQUISITION OF THE ENTIRE ISSUED AND PAID UP CAPITAL IN PEMBINAAN JAYA MEGAH SDN BHD ( PJMSB ) BY VICTORY VISTA SDN BHD, A WHOLLY-OWNED SUBSIDIARY
More informationGLOBAL ORIENTAL BERHAD ( GOB or Company )
1. INTRODUCTION The Board of Directors of GOB wishes to announce that Sering Manis Sdn Bhd ( SMSB or the Purchaser ), a 51%-owned subsidiary of the Company had on 6 June 2016 entered into a conditional
More informationSERN KOU RESOURCES BERHAD (COMPANY NO X)
SERN KOU RESOURCES BERHAD (COMPANY NO. 519103-X) PROPOSED ACQUISITION OF LAND AND FACTORY ERECTED ON THE LAND EQUIPPED WITH MACHINERIES TOGETHER WITH SAWMILL OPERATING LICENCE BY VALUED PRODUCTS (M) SDN
More informationPROPOSED DISPOSAL OF THE SUMMIT HOTEL BUKIT MERTAJAM ( PROPOSED DISPOSAL )
MEDA INC BERHAD ( MEDA OR THE COMPANY ) PROPOSED DISPOSAL OF THE SUMMIT HOTEL BUKIT MERTAJAM ( PROPOSED DISPOSAL ) 1. INTRODUCTION Board of Directors of Meda ( Board ) wishes to announce that the Company
More informationAs mentioned in paragraph 1 above, the Vendors are Mr Tan Cheng Teik and Mr Tan Ban Keat.
ANNOUNCEMENT SUBJECT: TRANSACTION (CHAPTER 10 OF LISTING REQUIREMENTS) GABUNGAN AQRS BERHAD ("GBGAQRS" OR THE COMPANY") PROPOSED ACQUISITION OF LAND FORMING PART OF MASTER TITLE HELD UNDER PN 39250 LOT
More information2.2 BACKGROUND INFORMATION ON MSDSB AND REEBOK.
ACQUISITION OF FREEHOLD LANDS AND BUILDINGS HELD UNDER LOT 758 & 759 SEKSYEN 41 BANDAR KUALA LUMPUR DAERAH KUALA LUMPUR NEGERI WILAYAH PERSEKUTUAN MEASURING IN TOTAL AREA OF 297.334 SQUARES METRES ( THE
More informationAfter the completion of the Proposals, GOB will hold 99.99% of the equity interest in JJSB.
GLOBAL ORIENTAL BERHAD ( GOB or COMPANY ) PROPOSED SUBSCRIPTION AND ACQUISITION 1. INTRODUCTION The Board of Directors of GOB ( Board ) wishes to announce that the Company had on 22 December 2017 entered
More informationINDUSTRONICS BERHAD ("INDUSTRONICS" OR "THE COMPANY") PROPOSED DISPOSAL OF PROPERTY INTRODUCTION
INDUSTRONICS BERHAD ("INDUSTRONICS" OR "THE COMPANY") PROPOSED DISPOSAL OF PROPERTY INTRODUCTION The Board of Directors of Industronics is pleased to announce that the Company has on 19 November 2014 entered
More informationThe principal activities of Ikatan are property development and investment. Harmoni is a wholly owned subsidiary of Ikatan.
ASIAN PAC HOLDINGS BERHAD ( APHB OR COMPANY ) PROPOSED SHARES ACQUISITION BY APHB OF 90,000 ORDINARY SHARES IN HARMONI BUMIRIA SDN BHD ( HARMONI ) REPRESENTING 90% EQUITY INTEREST IN THE COMPANY FROM IKATAN
More informationThe vendors for the Sale Shares are as follows:- Name Address Nationality. Lot 34533, Kampung Bintang Sitiawan Perak Darul Ridzuan
KPJ HEALTHCARE BERHAD ( KPJ OR COMPANY ) PROPOSED ACQUISITION BY IPOH SPECIALIST HOSPITAL SDN BHD ( ISH ), A SUBSIDIARY OF KPJ, OF 100% EQUITY IN SRI MANJUNG SPECIALIST CENTRE SDN BHD FOR A TOTAL CASH
More informationDISPOSAL OF PROPERTY BY ORIENTAL FASTECH MANUFACTURING SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF LNGRES TO TRIANGLE ASSETS MANAGEMENT SDN. BHD.
LNG RESOURCES BERHAD ( LNGRES OR COMPANY) DISPOSAL OF PROPERTY BY ORIENTAL FASTECH MANUFACTURING SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF LNGRES TO TRIANGLE ASSETS MANAGEMENT SDN. BHD. 1.0 INTRODUCTION
More informationDISPOSAL OF LEASEHOLD INDUSTRIAL LAND AND BUILDINGS BY NORSECHEM RESINS SDN. BERHAD, A WHOLLY-OWNED SUBSIDIARY OF HEXZA
HEXZA CORPORATION BERHAD ( HEXZA OR THE COMPANY ) DISPOSAL OF LEASEHOLD INDUSTRIAL LAND AND BUILDINGS BY NORSECHEM RESINS SDN. BERHAD, A WHOLLY-OWNED SUBSIDIARY OF HEXZA 1. INTRODUCTION Pursuant to Paragraph
More informationBased on the Company Search dated October 17, 2011, the Directors, Shareholders, Receivers and Managers of Zoomic Tech are as follows:-
DUFU TECHNOLOGY CORP. BERHAD ( DUFU ) ACQUISITION OF LEASEHOLD PROPERTIES BY DUFUSION SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF DUFU (THE ACQUISITION ) FOR A PURCHASE CONSIDERATION OF RM9 MILLION 1.0 INTRODUCTION
More informationTRANSACTION (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Type: Subject: Description: Announcement TRANSACTION (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS KEY ALLIANCE GROUP BERHAD ( KAG or the Company ) PROPOSED ACQUISITION OF ENTIRE
More informationDescriptions of the said Land are set out below:- Size : Approximately 130 acres. Tenure : Leasehold. Category of the land use : Building
JKG LAND BERHAD ( JKG OR COMPANY ) PROPOSED AGREEMENT WITH ISY HOLDINGS SDN BHD TO DEVELOP A PIECE OF LEASEHOLD LAND MEASURING APPROXIMATELY 130 ACRES LOCATED AT KOMPARTMEN 32, BUKIT CHERAKAH, MUKIM BUKIT
More informationO&C RESOURCES BERHAD. Announcement
O&C RESOURCES BERHAD Type Subject Description Announcement OTHERS Joint Venture Agreement between Yayasan Pahang and O&C Properties (Kuantan) Sdn. Bhd., a 90% subsidiary of O&C Resources Berhad, in relation
More informationHONG LEONG FINANCIAL GROUP BERHAD ("HLFG" OR THE "COMPANY")
HONG LEONG FINANCIAL GROUP BERHAD ("HLFG" OR THE "COMPANY") PROPOSED ACQUISITION BY HONG LEONG ASSURANCE BERHAD ( HLA ), AN INDIRECT 70% SUBSIDIARY OF HLFG, OF A PARCEL OF LAND (THE "LAND") TOGETHER WITH
More informationSELANGOR DREDGING BERHAD - ACQUISITION OF LANDS BY HAYAT ABADI SDN. BHD.
SUBJECT: SELANGOR DREDGING BERHAD - ACQUISITION OF LANDS BY HAYAT ABADI SDN. BHD. 1. INTRODUCTION Selangor Dredging Berhad ( SDB or Company ) wishes to announce that Hayat Abadi Sdn. Bhd. ( HYSB ), a wholly-owned
More informationThe salient terms of the Supplemental Agreement are as follows:
TITIJAYA LAND BERHAD ( TITIJAYA OR THE COMPANY ) PROPOSED ACQUISITION BY CITY MERIDIAN DEVELOPMENT SDN BHD ( CMD OR PURCHASER ), A WHOLLY-OWNED SUBSIDIARY OF TITIJAYA, OF A PARCEL OF LEASEHOLD LAND HELD
More informationThe authorised and issued and paid-up share capital of WII are set out below: Ordinary shares of RM1.00 each 9,000,000 9,000,000.
WEIDA (M) BHD ("WEIDA" or the Company ) - PROPOSED ACQUISITION OF LAND LOCATED AT LOT 35, BLOCK 4 MUARA TEBAS LAND DISTRICT, KUCHING, SARAWAK COVERING AN AREA OF 40,140 SQUARE METRES BY WEIDA INTEGRATED
More informationPROPOSED DISPOSAL OF WISMA SELANGOR DREDGING FOR A CASH CONSIDERATION OF RM480,000,000
SELANGOR DREDGING BERHAD ( SDB OR COMPANY ) PROPOSED DISPOSAL OF WISMA SELANGOR DREDGING FOR A CASH CONSIDERATION OF RM480,000,000 1. INTRODUCTION On behalf of the Board of Directors of the Company ( Board
More informationUTUSAN MELAYU (MALAYSIA) BERHAD ( UTUSAN OR COMPANY ) PROPOSED DISPOSAL 1. INTRODUCTION
UTUSAN MELAYU (MALAYSIA) BERHAD ( UTUSAN OR COMPANY ) PROPOSED DISPOSAL 1. INTRODUCTION On behalf of the Board of Directors of Utusan ( Board ), AmInvestment Bank Berhad ( AmInvestment Bank ) wishes to
More informationOSK PROPERTY HOLDINGS BERHAD ("OSKP" OR "THE COMPANY")
OSK PROPERTY HOLDINGS BERHAD ("OSKP" OR "THE COMPANY") PROPOSED ACQUISITION BY WARISAN RAJAWALI SDN BHD, A WHOLLY- OWNED SUBSIDIARY COMPANY OF OSKP, OF A PARCEL OF FREEHOLD COMMERCIAL LAND MEASURING APPROXIMATELY
More informationSALE AND PURCHASE AGREEMENT BETWEEN SERI ALAM AND RCSA FOR THE ACQUISITION BY RCSA OF A PARCEL OF FREEHOLD LAND MEASURING 19
ANNOUNCEMENT UNITED MALAYAN LAND BHD ( UMLand or the Company ) SHAREHOLDERS AGREEMENT BETWEEN SERI ALAM PROPERTIES SDN BHD (SERI ALAM), A WHOLLY OWNED SUBSIDIARY OF UMLAND, AND RAFFLES CAMPUS PTE LTD (RAFFLES)
More informationTAKASO RESOURCES BERHAD
TAKASO RESOURCES BERHAD Type Subject Description Announcement MATERIAL INFORMATION (CHAPTER 9 OF LISTING REQUIREMENTS) 1. Joint Venture for a Mixed Development Project on a parcel of land in Bandar Kuantan,
More informationANNOUNCEMENT: AXIS REAL ESTATE INVESTMENT TRUST ( AXIS-REIT OR FUND ) PROPOSED ACQUISITION BY AXIS-REIT OF:
ANNOUNCEMENT: AXIS REAL ESTATE INVESTMENT TRUST ( AXIS-REIT OR FUND ) PROPOSED ACQUISITION BY AXIS-REIT OF: A PIECE OF FREEHOLD LAND HELD UNDER GERAN 114864, LOT 32553, PEKAN SENAWANG, DAERAH SEREMBAN,
More informationOSK HOLDINGS BERHAD ("OSK" OR "THE COMPANY")
OSK HOLDINGS BERHAD ("OSK" OR "THE COMPANY") PROPOSED ACQUISITION BY ASPECT SYNERGY SDN. BHD, AN INDIRECT WHOLLY-OWNED SUBSIDIARY COMPANY OF OSK OF SIX (6) PARCELS OF FREEHOLD AGRICULTURAL LANDS HELD UNDER
More informationFar East Group Limited (Company Registration No.: C) (Incorporated in the Republic of Singapore on 18 March 1964)
Far East Group Limited (Company Registration No.:196400096C) (Incorporated in the Republic of Singapore on 18 March 1964) PROPOSED DISPOSAL OF LAND AND FACTORY BUILDING AT LOT NO. 42182, GM 5748, LOCALITY
More informationPROPOSED ACQUISITION OF THE ENTIRE ISSUED AND PAID UP CAPITAL OF MI POLYMER CONCRETE PIPES SDN BHD ( MIPCP )
CHIN HIN GROUP BERHAD ( CHIN HIN OR THE COMPANY ) PROPOSED ACQUISITION OF THE ENTIRE ISSUED AND PAID UP CAPITAL OF MI POLYMER CONCRETE PIPES SDN BHD ( MIPCP ) 1. INTRODUCTION The Board of Directors of
More information2.1.2 The Purchaser will assume and repay specific liabilities of EVSB due to GRSB amounting to RM7,890,000, a 100% owned subsidiary of GUNUNG.
GUNUNG CAPITAL BERHAD ( GUNUNG OR THE COMPANY ) PROPOSED DISPOSAL OF 1,160,000 ORDINARY SHARES OF EV BUS SDN BHD ( EVSB ) REPRESENTING 100% EQUITY INTEREST IN EVSB FOR TOTAL CASH PROCEEDS OF RM9,050,000
More informationHAISAN RESOURCES BERHAD ( HAISAN OR COMPANY )
HAISAN RESOURCES BERHAD ( HAISAN OR COMPANY ) (I) (II) PROPOSED DISPOSAL OF SEVEN (7) PARCELS OF LEASEHOLD INDUSTRIAL LAND TOGETHER WITH THE BUILDINGS ERECTED THEREON, ALL LOCATED AT JALAN PELABUHAN UTARA,
More informationGLOBAL ORIENTAL BERHAD ( GOB or Company or Purchaser ) PROPOSED ACQUISITION OF REMAINING 35% EQUITY INTEREST IN PERWIRA NADI TRADING SDN BHD
1. INTRODUCTION The Board of Directors of GOB wishes to announce that the Company had on 3 July 2015 entered into a share sale agreement ( SSA ) with Lee Kian Jin to acquire the remaining 35% equity interest
More informationRelated Party Transactions on Sale of Shop-Office Unit to Person Related to Directors and Major Shareholders
ANNOUNCEMENT SUBJECT: TRANSACTION (CHAPTER 10 OF LISTING REQUIREMENTS) GABUNGAN AQRS BERHAD ("GBGAQRS" OR THE COMPANY") Related Party Transactions on Sale of Shop-Office Unit to Person Related to Directors
More informationThe details of the Proposed Acquisition are set-out in the ensuing paragraphs.
PERAK TRANSIT BERHAD ( PTRANS OR THE COMPANY ) PROPOSED ACQUISITION OF PROPERTY LOCATED IN IPOH, PERAK BY THE COMBINED BUS SERVICES SDN BHD, A 99.89% OWNED SUBSIDIARY OF THE COMPANY FOR A TOTAL CONSIDERATION
More information