1. INTRODUCTION 2. DETAILS OF THE JV PARTIES. 2.1 Details of LakeHill

Size: px
Start display at page:

Download "1. INTRODUCTION 2. DETAILS OF THE JV PARTIES. 2.1 Details of LakeHill"

Transcription

1 MALAYSIA PACIFIC CORPORATION BERHAD ( MPC OR THE COMPANY ) JOINT VENTURE BETWEEN LAKEHILL RESORT DEVELOPMENT SDN BHD, A WHOLLY OWNED SUBSIDIARY OF MPC AND BINA PURI PROPERTIES SDN BHD FOR A DEVELOPMENT OF RESIDENTIAL HOUSES ON A LAND MEASURING APPROXIMATELY ACRES LOCATED AT MUKIM PLENTONG, JOHOR BAHRU, JOHOR DARUL TAKZIM ( PROPOSED JV ) 1. INTRODUCTION The Board of Directors ( the Board ) of MPC is pleased to annonunce that LakeHill Resort Development Sdn Bhd ( LakeHill or the Landowner ), a wholly-owned subsidiary of MPC had on 26 May 2015 entered into a Joint Development Agreement ( the JDA ) with Bina Puri Properties Sdn Bhd ( BP Properties or the Developer ) (jointly referred to as the JV Parties ) for the development of residential houses on a land measuring approximately acres located at Mukim Plentong, Johor Bahru, Johor Darul Takzim ( the Land ) ( the Project ). The JDA was entered into a joint-venture basis between LakeHill as the Landowner and BP Properties as the Developer subject to and upon the terms and conditions of the JDA. 2. DETAILS OF THE JV PARTIES 2.1 Details of LakeHill LakeHill was incorporated in Malaysia as a private limited company under the Companies Act, 1965, on 8 January The authorised share capital of LakeHill is Ringgit Malaysia Five Hundred Thousand (RM500,000.00) divided into 500,000 ordinary shares of RM1.00 each. The present issued and fully paid-up share capital of LakeHill is Ringgit Malaysia Three Hundred and Fifty Thousand (RM350,000.00) only comprising 350,000 ordinary shares of RM1.00 each. The principal activities of LakeHill are property management and property development. The directors of LakeHill are Ch ng Soon Sen, Datuk Shamsuddin bin Haji Tahir, Dato Sri Syed Hussien Bin Abd Kadir, Dato Ahmad Kamal Bin Abdullah Al-Yafii (Alternate Director to Datuk Shamsuddin Bin Haji Tahir), Datin Kong Yuk Chu and Mohd Faridz Bin Mohd Noor. 2.2 Details of BP Properties BP Properties was incorporated in Malaysia as a private limited company under the Companies Act, 1965, on 6 August 1992.

2 The authorised share capital of BP Properties is Ringgit Malaysia Twenty Five Million (RM25,000,000.00) divided into 25,000,000 ordinary shares of RM1.00 each. The present issued and fully paid-up share capital of BP Properties is Ringgit Malaysia Twelve Million (RM12,000,000.00) only comprising 12,000,000 ordinary shares of RM1.00 each. The principal activities of BP Properties are property development and property management. BP Properties is a wholly-owned subsidiary of Bina Puri Holdings Berhad, a public limited company incorporated in Malaysia under the Companies Act, The directors of BP Properties are Tan Sri Datuk Seri (Dr) Foong Cheng Yuen, Tan Sri Datuk Tee Hock Seng, JP, Dr Tan Cheng Kiat, Matthew Tee Kai Woon, Datuk Tee Hock Hin, Tee Hock Chun and Ng Keong Wee. 3. INFORMATION ON THE LAND The Land is geographically located at Lot within Taman Nusa Damai, in the Mukim of Plentong, District of Johor Bahru and State of Johor Darul Takzim. The details of the Lands are as follows: Beneficial owner Particular : LakeHill Resort Development Sdn Bhd Title details : Geran No Lot No Lot number and location : Lot No , Mukim of Plentong, District of Johor Bahru, State of Johor Darul Takzim Land area Land tenure Existing usage Proposed usage Market value appraised by independent registered valuer, : approximately acres : Freehold : Vacant Land : Two (2) storey terrace houses : Average RM 19 per sq. foot. as per valuation report issued by Hakimi & Associates Sdn Bhd on 27 March 2013 Encumbrances : Free from encumbrances

3 4. SALIENT TERMS OF THE JDA 4.1 Agreement for the Joint Venture The Landowner will provide and/or make available the Land to the Developer for the Project and shall render reasonable assistance and do all such reasonable acts and things necessary for the Project. The Developer shall be responsible for submission, approvals, surveys, the issue of titles, technical know-how, skills, expertise, consultancy and other services for the Project including the overall planning, design, finance, construction of the Project, management and marketing thereof. The JV Parties shall co-operate with the other Party and act in fairness and in good faith to enable each other to discharge its duties under the JDA, and accordingly will respond promptly to requests properly made by the other for approvals, information or assistance. Based on the preliminary planning stage, the estimated gross development value ( GDV ) is approximately RM204 million. The estimated GDV is subject to changes, and the Company is unable to disclose specific details of the Project as the Project s layout/building plans is still pending finalisation. 4.2 Landowner s Entitlement The Landowner shall be entitled to payment of the Land cost at a sum of RM21,265, (RM20 p.s.f) and twenty percent (20%) of the project profit ( Agreed Proportion ). The payment schedule of the Land cost shall be at such times and in the manner as agreed by the JV Parties. The payment for Landowner s entitlement on twenty percent (20%) of the project profit shall be paid by the Developer to the Landowner after the 14 days of the Completion Date (being the day falling 6 years from the Unconditional Date or the date the certificate of completion and compliance for the units under the project are issued, whichever is later). Any units unsold as at the Completion Date shall be distributed to the JV Parties in the Agreed Proportion. 4.3 Conditions Precedent The Proposed JV is conditional upon, inter-alia, the fulfillment of the following conditions precedent: upon a new Development Order, if required, and Building Plan being obtained by the Developer;

4 4.3.2 either party will be entitled to terminate the JDA by giving notice to that effect to the other party in the event the clause as above has not been obtained by the cut-off date, the date falling 18 months from the date of JDA; in the event the JDA is terminated in accordance with clause as above, the Landowner will refund or cause to be refunded, without interest, any monies received by it under the JDA provided the failure is not due to reasons attributable to the Developer and thereafter neither party will have further obligation under the JDA to the other party, save in respect of any rights or obligations which have accrued in respect of the provisions of the JDA to either party prior to such termination; and the JDA will become unconditional on the day after the Developer s Solicitors receive notification of the grant of the Building Plan ( Unconditional Date"). 4.4 Estimated Time Frame for Completion of the Development The estimated time frame for completion is the day falling 6 years from the Unconditional Date or the date the certificate of completion and compliance for the Units are issued, whichever is later. 5 RATIONALE AND BASIS ARRIVING FOR LANDOWNER S ENTITLEMENT The Proposed JV allows LakeHill to unlock the value of the Land and is in line with and to deliver greater value to the shareholders of MPC. (a) The Landowner s Entitlment was arrived at on a willing-buyer willing-seller basis after taking into consideration of the market value of the Land of RM19.00 per s.q.foot, as ascribed by an independent registered valuer Hakimi & Associates Sdn Bhd dated The Proposed JV is expected to contribute positively to the earnings of MPC in the future. 6 EFFECTS OF THE PROPOSED JV 6.1 On Share Capital and Substantial Shareholders Shareholding The Proposed JV will not have any effect on the share capital and substantial shareholder shareholding in MPC.

5 6.2 On Earnings per share and Net Assets per share ( NA ) The Proposed JV is not expected to have any material impact on MPC Group s earnings per share and NA for the financial year ending 30 June However, the Proposed JV is expected to contribute positively to the future earnings and NA of MPC. 6.3 Gearings The Proposed JV is not expected to have any material effect on the gearing of MPC for the financial year ending 30 Jun FINANCING/SOURCE FUNDS The Parties have agreed that the Developer shall, at its own cost and expense, execute and complete the Project in accordance with the terms and conditions of the JDA. The Developer shall use its best endeavour to obtain Project Financing and Landowner agrees to charge the Land as security for Project Financing provided payment of the Land Cost and Owner s Entitlement is guaranteed by Bina Puri Holdings Berhad. 8 RISK FACTORS The Board is not aware of any risk factors arising from the Proposed JV other than the normal business, market and global economic risks. 9 APPROVALS REQUIRED The Proposed JV is not subject to the approval of shareholders of MPC but is subject to the relevant authorities approval. 10 PERCENTAGE RATIOS The highest percentage ratio applicable for the Proposed JV, pursuant to Chapter 10 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad is 8.5%. 11 INTEREST OF DIRECTORS AND/OR MAJOR SHAREHOLDERS AND/OR PERSONS CONNECTED WITH THEM None of the Directors and/or major shareholders of MPC and/or persons connected with them have any interests, direct or indirect, in the Proposed JV.

6 12 DIRECTORS' STATEMENT After having considered all aspects of the Proposed JV, the Board is of the opinion that the Proposed JV is in the best interest of the Company. 13 DOCUMENT AVAILABLE FOR INSPECTION The JDA is available for inspection at the registered office of MPC at Lot 6.05, Level 6, KPMG Tower, 8 First Avenue, Bandar Utama, Petaling Jaya, Selangor Darul Ehsan during the normal business hours Monday to Friday (except public holidays) for a period of three (3) months from the date of this Announcement. This announcement is dated 26 May 2015.

DutaLand Berhad (Company No V)

DutaLand 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 information

STAR PUBLICATIONS (MALAYSIA) BERHAD ( STAR

STAR 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 information

INDUSTRONICS BERHAD ("INDUSTRONICS" OR "THE COMPANY") PROPOSED DISPOSAL OF PROPERTY INTRODUCTION

INDUSTRONICS 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 information

(b) Geran Mukim 4322, Lot 56102, Mukim Kuala Lumpur

(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 information

LION DIVERSIFIED HOLDINGS BERHAD ( LDHB OR THE COMPANY )

LION 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 information

INDUSTRONICS BERHAD ("INDUSTRONICS" OR "THE COMPANY") PROPOSED DISPOSAL OF PROPERTY INTRODUCTION

INDUSTRONICS 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 Sukitronics Sdn Bhd ( the Vendor ), a

More information

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): NON RELATED PARTY TRANSACTIONS

TRANSACTIONS (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 information

Freehold Sime Darby Plantation (Peninsular) Sdn Bhd ( SDPPSB ) Sime Darby s original cost of investment in the Land is RM1.1 million.

Freehold 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 information

KPJ HEALTHCARE BERHAD ( KPJ OR THE COMPANY )

KPJ 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 information

PMB TECHNOLOGY BERHAD

PMB 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 information

The Property is located within Excellent Technology Park III, a light industrial development in Daerah Klang, Selangor Darul Ehsan.

The 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 information

SALE AND PURCHASE AGREEMENT BETWEEN SERI ALAM AND RCSA FOR THE ACQUISITION BY RCSA OF A PARCEL OF FREEHOLD LAND MEASURING 19

SALE 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 information

Based on the Company Search dated October 17, 2011, the Directors, Shareholders, Receivers and Managers of Zoomic Tech are as follows:-

Based 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 information

The salient terms and conditions for the Proposed Disposal based on the SPA, among others, are as follows:

The 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 information

General Announcement. Submitted

General 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 information

ANNOUNCEMENT 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) 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 information

PROPOSED ACQUISITION OF LAND BY BAZARBAYU SDN BHD, A WHOLLY- OWNED SUBSIDIARY OF FUTUTECH, FROM KYM LEISURE SDN BHD

PROPOSED 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 information

GLOBAL ORIENTAL BERHAD ( GOB or Company )

GLOBAL 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 information

MKH BERHAD (50948-T) ( MKH OR THE COMPANY OR THE GROUP ) JOINT VENTURE AGREEMENT BETWEEN SURIA VILLA SDN BHD AND SIM SEE HUA BROTHERS SDN BHD

MKH BERHAD (50948-T) ( MKH OR THE COMPANY OR THE GROUP ) JOINT VENTURE AGREEMENT BETWEEN SURIA VILLA SDN BHD AND SIM SEE HUA BROTHERS SDN BHD MKH BERHAD (50948-T) ( MKH OR THE COMPANY OR THE GROUP ) JOINT VENTURE AGREEMENT BETWEEN SURIA VILLA SDN BHD AND SIM SEE HUA BROTHERS SDN BHD 1.0 INTRODUCTION The Board of Directors of MKH is pleased to

More information

Y&G CORPORATION BHD (6403-X) (Incorporated in Malaysia)

Y&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

Subject : TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS

Subject : 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

LAND & GENERAL BERHAD ( L&G or the COMPANY )

LAND & 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 information

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS

TRANSACTIONS (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

MEDA 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 ) 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 information

ANNOUNCEMENT TO BURSA MALAYSIA KPJ HEALTHCARE BERHAD ( KPJ OR COMPANY )

ANNOUNCEMENT TO BURSA MALAYSIA KPJ HEALTHCARE BERHAD ( KPJ OR COMPANY ) ANNOUNCEMENT TO BURSA MALAYSIA KPJ HEALTHCARE BERHAD ( KPJ OR COMPANY ) PROPOSED ACQUISITION BY KUMPULAN PERUBATAN (JOHOR) SDN BHD ( KPJSB ), A WHOLLY-OWNED SUBSIDIARY OF KPJ, OF ONE HUNDRED PERCENT (100%)

More information

O&C RESOURCES BERHAD. Announcement

O&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 information

SERN KOU RESOURCES BERHAD (COMPANY NO X)

SERN 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 information

SIGNING OF MEMORANDUMS OF UNDERSTANDING BY THE COMPANY WITH VARIOUS PARTIES

SIGNING OF MEMORANDUMS OF UNDERSTANDING BY THE COMPANY WITH VARIOUS PARTIES YONG TAI BERHAD ( YTB OR THE COMPANY ) SIGNING OF MEMORANDUMS OF UNDERSTANDING BY THE COMPANY WITH VARIOUS PARTIES 1. INTRODUCTION On behalf of the Board of Directors of YTB ( Board ), AmInvestment Bank

More information

Directors/Shareholders No. of Shares Held Percentage of Shareholdings Madam Seah Joo Noi 90 90% Mr. Tan Kok Siang - - Mr. Tan Wei Zhi 10 10%

Directors/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 information

LTRSB, a company incorporated in Malaysia with the principle address at Lot 3356, Batu 7 ¾, Jalan Kapar, Kapar, Selangor, Malaysia.

LTRSB, a company incorporated in Malaysia with the principle address at Lot 3356, Batu 7 ¾, Jalan Kapar, Kapar, Selangor, Malaysia. LATITUDE TREE HOLDINGS BERHAD ( LTHB OR THE COMPANY ) - IN-PRINCIPLE AGREEMENT ENTERED INTO BETWEEN L-TREE RESOURCES SDN. BHD., A WHOLLY-OWNED SUBSIDARY OF THE COMPANY AND INVESTMENT AND INDUSTRIAL DEVELOPMENT

More information

S P SETIA BERHAD (19698-X) ("S P SETIA" or "THE COMPANY")

S P SETIA BERHAD (19698-X) (S P SETIA or THE COMPANY) S P SETIA BERHAD (19698-X) ("S P SETIA" or "THE COMPANY") PROPOSED ACQUISITION BY BUKIT INDAH (SELANGOR) SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF S P SETIA, OF A PIECE OF FREEHOLD LAND HELD UNDER GERAN 45874

More information

The principal activities of Ikatan are property development and investment. Harmoni is a wholly owned subsidiary of Ikatan.

The 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 information

together with the following Buildings in which TIM s factory operations were carried out:

together 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 information

2.1.2 The Purchaser will assume and repay specific liabilities of EVSB due to GRSB amounting to RM7,890,000, a 100% owned subsidiary of GUNUNG.

2.1.2 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 information

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): NON RELATED PARTY TRANSACTIONS

TRANSACTIONS (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 information

Postal address : Lot Nos. 7 and 9, Jalan Teknologi 3/1, Taman Sains Selangor 1, Kota Damansara, Petaling Jaya, Selangor Darul Ehsan

Postal 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 information

UTUSAN MELAYU (MALAYSIA) BERHAD

UTUSAN 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 information

TAKASO RESOURCES BERHAD

TAKASO 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 information

1.0 INTRODUCTION 2.0 DETAILS OF THE PROPOSED ACQUISITION. 2.1 Information on the Sale Land

1.0 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 information

Details of the Vendor, Purchase Consideration and Vendor s Advances are set out below:- No. of Sale Shares Held

Details of the Vendor, Purchase Consideration and Vendor s Advances are set out below:- No. of Sale Shares Held - ACQUISITION OF 90% EQUITY INTEREST IN YAKIN LAND SDN. BHD. BY BAZARBAYU SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF 1. INTRODUCTION The Board of Directors of Kerjaya Prospek Group Berhad ( Company ) wishes

More information

Descriptions of the said Land are set out below:- Size : Approximately 130 acres. Tenure : Leasehold. Category of the land use : Building

Descriptions 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 information

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): NON RELATED PARTY TRANSACTIONS

TRANSACTIONS (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 information

SELANGOR DREDGING BERHAD - ACQUISITION OF LANDS BY HAYAT ABADI SDN. BHD.

SELANGOR 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 information

As mentioned in paragraph 1 above, the Vendors are Mr Tan Cheng Teik and Mr Tan Ban Keat.

As 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 information

Further details on the Proposed Land Acquisition are set out in the ensuing sections.

Further 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 information

SUBJECT: TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) - NON RELATED PARTY TRANSACTIONS

SUBJECT: 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 information

The details of the four parcels of land ( the Property ), the vendors and the Purchase Prices are set out in Appendix A.

The details of the four parcels of land ( the Property ), the vendors and the Purchase Prices are set out in Appendix A. HUA YANG BERHAD ( HUAYANG or the Company ) -Proposed acquisition of Freehold Land in the State of Johor by subsidiary, Grandeur Park Sdn Bhd 1. INTRODUCTION The Board of Directors of HUAYANG wishes to

More information

PROPOSED ACQUISITION OF A FREEHOLD LAND LOCATED AT MUKIM OF KOTA TINGGI, DAERAH KOTA TINGGI, JOHOR FOR A TOTAL CASH CONSIDERATION OF RM21,935,236.

PROPOSED 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 information

The proposed acquisition has been completed on even date, following the execution of the SPA and fulfillment of the conditions precedent of the SPA.

The 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 information

Sentosa Sdn. Bhd. MKH Berhad 100%

Sentosa 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 information

subject to the terms and conditions as stipulated in the SPA ( Disposal ). (Land 1 and Land 2 are collectively referred to as Land or Property )

subject 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 information

Related Party Transactions on Sale of Shop-Office Unit to Person Related to Directors and Major Shareholders

Related 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 information

The salient terms of the Supplemental Agreement are as follows:

The 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 information

PROPOSED DISPOSAL OF FREEHOLD LAND MEASURING A TOTAL OF APPROXIMATELY HECTARES FOR A TOTAL CASH CONSIDERATION OF RM143.

PROPOSED 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 information

ANNOUNCEMENT TO BURSA MALAYSIA SECURITES BERHAD

ANNOUNCEMENT TO BURSA MALAYSIA SECURITES BERHAD ANNOUNCEMENT TO BURSA MALAYSIA SECURITES BERHAD GLOMAC BERHAD ( Glomac or the Company ) - Proposed Acquisition of land by Glomac Alliance Sdn Bhd, a wholly-owned subsidiary of Glomac from Score Option

More information

CREST BUILDER HOLDINGS BERHAD ( CREST BUILDER OR COMPANY )

CREST 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 information

(iii) The existing use (whether rented out or own use) and proposed use. The property is a vacant land and for own use.

(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 information

The vendors for the Sale Shares are as follows:- Name Address Nationality. Lot 34533, Kampung Bintang Sitiawan Perak Darul Ridzuan

The 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 information

1. INTRODUCTION 2. DETAILS OF THE PROPOSED ACQUISITION. 2.1 Information on Infinite

1. INTRODUCTION 2. DETAILS OF THE PROPOSED ACQUISITION. 2.1 Information on Infinite UOA DEVELOPMENT BHD ( UOA or the Company ) PROPOSED ACQUISITION OF SEVEN PARCELS OF FREEHOLD LAND AT MUKIM SETAPAK DAERAH KUALA LUMPUR FOR A TOTAL CONSIDERATION OF RM130,323,137.00 ( PROPOSED ACQUISITION

More information

The Disposal Consideration was arrived at on a willing-buyer willing-seller basis after negotiations between Nepfield and Sunrise Pioneer.

The 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

DISPOSAL OF PROPERTIES TO RELATED PARTY BY JKG CENTRAL PARK SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF JKG

DISPOSAL 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 information

PROPOSED ACQUISITION OF THE ENTIRE ISSUED AND PAID UP CAPITAL OF MI POLYMER CONCRETE PIPES SDN BHD ( MIPCP )

PROPOSED 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 information

The 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

The 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 information

ANNOUNCEMENT TANCO HOLDINGS BERHAD ( TANCO OR COMPANY )

ANNOUNCEMENT 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 information

CHEMICAL COMPANY OF MALAYSIA BERHAD ( CCMB OR THE COMPANY )

CHEMICAL 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 information

PROPOSED DISPOSAL OF A PARCEL OF LAND ADJACENT TO SUNWAY CARNIVAL SHOPPING MALL LOCATED IN SEBERANG JAYA, PENANG ( PROPOSED DISPOSAL )

PROPOSED 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 information

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

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 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 information

DISPOSAL OF LEASEHOLD INDUSTRIAL LAND AND BUILDINGS BY NORSECHEM RESINS SDN. BERHAD, A WHOLLY-OWNED SUBSIDIARY OF HEXZA

DISPOSAL 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 information

KPJ HEALTHCARE BERHAD ( KPJ or COMPANY )

KPJ 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 information

(a) Land : Held under HSD 16097, PT 7886, Mukim Gemencheh, Daerah Tampin, Negeri Sembilan

(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 information

LION INDUSTRIES CORPORATION BERHAD ( LICB OR THE COMPANY )

LION 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 information

PROPOSED ACQUISITION OF LANDS BY TUJUAN OPTIMA SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF GLM

PROPOSED 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 information

PROPOSED JOINT-VENTURE ( JV ) BETWEEN SCANWOLF PROPERTIES SDN. BHD. AND SCANWOLF DEVELOPMENT SDN. BHD.

PROPOSED JOINT-VENTURE ( JV ) BETWEEN SCANWOLF PROPERTIES SDN. BHD. AND SCANWOLF DEVELOPMENT SDN. BHD. SCANWOLD CORPORATION BERHAD PROPOSED JOINT-VENTURE ( JV ) BETWEEN SCANWOLF PROPERTIES SDN. BHD. AND SCANWOLF DEVELOPMENT SDN. BHD. 1. INTRODUCTION The Board of Directors of Scanwolf Corporation Berhad

More information

2. DETAILS OF THE ACQUISITION. 2.1 Details of the property.

2. 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 information

OSK PROPERTY HOLDINGS BERHAD ("OSKP" OR "THE COMPANY")

OSK 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 information

BINASAT COMMUNICATIONS BERHAD ( BINASAT OR THE COMPANY ) - SUBLEASE OF LAND FROM TECHNOLOGY PARK MALAYSIA CORPORATION SDN BHD

BINASAT COMMUNICATIONS BERHAD ( BINASAT OR THE COMPANY ) - SUBLEASE OF LAND FROM TECHNOLOGY PARK MALAYSIA CORPORATION SDN BHD BINASAT COMMUNICATIONS BERHAD ( BINASAT OR THE COMPANY ) - SUBLEASE OF LAND FROM TECHNOLOGY PARK MALAYSIA CORPORATION SDN BHD 1. INTRODUCTION The Board of Directors of Binasat Communications Berhad ( Binasat

More information

As at the announcement date, the Directors of Vendor C are as follows:

As 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 information

Upon completion of the Proposed Acquisition, SPSB will become a wholly-owned subsidiary of Digistar.

Upon completion of the Proposed Acquisition, SPSB will become a wholly-owned subsidiary of Digistar. DIGISTAR CORPORATION BERHAD ( DIGISTAR or the Company ) - PROPOSED ACQUISITION OF THE REMAINING 40% EQUITY INTEREST IN SENI PUJAAN SDN BHD ( SPSB ) FOR A PURCHASE CONSIDERATION OF RM13.00 MILLION 1. INTRODUCTION

More information

ANNOUNCEMENT 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 ) 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 information

ASIA MEDIA GROUP BERHAD ( AMEDIA OR THE COMPANY OR THE VENDOR )

ASIA MEDIA GROUP BERHAD ( AMEDIA OR THE COMPANY OR THE VENDOR ) ASIA MEDIA GROUP BERHAD ( AMEDIA OR THE COMPANY OR THE VENDOR ) PROPOSED DISPOSAL OF THE ENTIRE EQUITY INTEREST IN DPO PLANTATIONS SDN BHD ( DPO ), A WHOLLY-OWNED SUBSIDIARY OF AMEDIA, TO DPO HOLDINGS

More information

Y&G CORPORATION BHD (6403-X) (Incorporated in Malaysia)

Y&G CORPORATION BHD (6403-X) (Incorporated in Malaysia) Y&G CORPORATION BHD (6403-X) (Incorporated in Malaysia) Subject : TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) Y&G CORPORATION BHD ( Y&G ) PROPOSED ACQUISITION OF TWO (2) ADJACENT PARCELS OF FREEHOLD

More information

Far East Group Limited (Company Registration No.: C) (Incorporated in the Republic of Singapore on 18 March 1964)

Far 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 information

FOCUS POINT HOLDINGS BERHAD ( FOCUS POINT

FOCUS 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 information

A formal sale and purchase agreement ("SPA") will be executed upon all the conditions precedent in the Agreement are fulfilled.

A formal sale and purchase agreement (SPA) will be executed upon all the conditions precedent in the Agreement are fulfilled. FAJARBARU BUILDER GROUP BHD ("FBG" OR THE "COMPANY") PROPOSED ACQUISITION BY FAJARBARU LAND SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF FAJARBARU BUILDER GROUP BHD, OF A PIECE OF FREEHOLD LAND MEASURING 2.749

More information

RELATED PARTY TRANSACTION ON THE SALE OF PROPERTY BY SINMAH BREEDERS SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF FBB, TO MAX JOINTWELL SDN BHD

RELATED 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 information

NSSB was incorporated in Malaysia on 22 November 2006 and its principal activity is operating of a retail mall and property management.

NSSB was incorporated in Malaysia on 22 November 2006 and its principal activity is operating of a retail mall and property management. MALAYSIAN RESOURCES CORPORATION BERHAD ( MRCB OR THE COMPANY ) - DISPOSAL OF MRCB S 51% EQUITY INTEREST IN NU SENTRAL SDN BHD ( NSSB ) TO PELABURAN HARTANAH BERHAD ( PHB ) FOR A CONSIDERATION OF RM119,776,136

More information

TRANSACTION (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS

TRANSACTION (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 information

UOA DEVELOPMENT BHD ( UOA )

UOA DEVELOPMENT BHD ( UOA ) UOA DEVELOPMENT BHD ( UOA ) ACQUISITION OF FREEHOLD LAND IN KEPONG, KUALA LUMPUR MEASURING APPROXIMATELY 428,801.90 SQUARE FEET (9.8 ACRES) BY IDP INDUSTRIAL DEVELOPMENT SDN BHD, A WHOLLY OWNED SUBSIDIARY

More information

ANNOUNCEMENT 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 ) 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 information

GLOBAL ORIENTAL BERHAD ( GOB or Company or Vendor )

GLOBAL 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 information

: TROPICANA CORPORATION BERHAD. Stock Code : 5401 : Announcement. Description : TROPICANA CORPORATION BERHAD ( TROPICANA )

: 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 information

OSK HOLDINGS BERHAD ("OSK" OR "THE COMPANY")

OSK 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 information

Further details of the Proposed Acquisition 1 and 2 are set out in the following sections:

Further details of the Proposed Acquisition 1 and 2 are set out in the following sections: HUA YANG BERHAD ( HYB or the Company ) (1) Proposed acquisition of Company by Hua Yang Bhd (2) Proposed acquisition of Land by G Land Development Sdn Bhd 1. INTRODUCTION The Board of Directors of HYB wishes

More information

BERJAYA ASSETS BERHAD

BERJAYA ASSETS BERHAD BERJAYA ASSETS BERHAD ANNOUNCEMENT PROPOSED NOVATION OF AGREEMENT RELATING TO THE PROPOSED ACQUISITION OF OFFICE UNITS IN MENARA MSC CYBERPORT, JOHOR BAHRU 1.0 INTRODUCTION 1.1 The Board of Directors of

More information

AJINOMOTO (MALAYSIA) BERHAD ( AMB OR THE COMPANY )

AJINOMOTO (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 information

COMPUGATES HOLDINGS BERHAD ( H) (Incorporated in Malaysia)

COMPUGATES HOLDINGS BERHAD ( H) (Incorporated in Malaysia) COMPUGATES HOLDINGS BERHAD (669287-H) (Incorporated in Malaysia) COMPUGATES HOLDINGS BERHAD ( COMPUGATES or Company ) PROPOSED JOINT VENTURE BETWEEN COMPUGATES DEVELOPMENT AND MINING SDN BHD, A 70%-OWNED

More information

TROPICANA CORPORATION BERHAD (FORMERLY KNOWN AS DIJAYA CORPORATION BERHAD) ( TROPICANA OR COMPANY )

TROPICANA 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 information

PROPOSED ACQUISITION OF LAND BY SUNGLOBAL RESOURCES SDN BHD

PROPOSED ACQUISITION OF LAND BY SUNGLOBAL RESOURCES SDN BHD SUNWAY BERHAD ( SUNWAY ) 1) SUBSCRIPTION AND SHAREHOLDERS AGREEMENT BETWEEN SUNGLOBAL RESOURCES SDN BHD, SUNWAY CITY SDN BHD AND HUATLAND DEVELOPMENT SDN BHD 2) PROPOSED ACQUISITION OF LAND BY SUNGLOBAL

More information

IVORY PROPERTIES GROUP BERHAD ( M)

IVORY PROPERTIES GROUP BERHAD ( M) GENERAL ANNOUNCEMENT - PROPOSED ACQUISITION OF AN ADDITIONAL 847,059 ORDINARY SHARES OF RM1.00 EACH IN THE CAPITAL OF TANJONG TOKONG GARDEN DEVELOPMENT SENDIRIAN (85510-X) FOR A PURCHASE CONSIDERATION

More information

General Announcement Reference No. GA APPENDIX 1

General 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 information