DKLS is the holder of 802 units of AUD1 each in DKLS Aust Trust.
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- Eleanor Fitzgerald
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1 DKLS INDUSTRIES BERHAD ( P) PROPOSED DISPOSAL OF A PROPERTY IN MELBOURNE, AUSTRALIA BY DKLS AUST PTY LTD ON BEHALF OF DKLS AUST TRUST FOR A TOTAL CONSIDERATION OF AUD15,000,000 (EQUIVALENT TO RM MILLION) 1.0 INTRODUCTION On behalf of DKLS Industries Berhad ( DKLS or the Company ), we wish to inform that DKLS Aust Pty Ltd ( Vendor ), as a trustee for DKLS Aust Trust, has on 6 September 2013 entered into a Contract of Sale with ZYTT Pty Ltd ( Purchaser ) to dispose of a commercial property in Melbourne, Australia ( Property ) for a total consideration of AUD15,000,000 (equivalent to approximately RM million using the exchange rate of AUD1 : RM3.0334) ( Proposed Disposal ). 2.0 BACKGROUND INFORMATION 2.1 Information on the Vendor DKLS Aust Trust is a unit trust set up on 2 November 2011 in Victoria, Australia, solely for the purpose of owning the Property. The total number of units issued is 1,000 units of AUD1 each and the total allotment price amounts to AUD1,000. DKLS is the holder of 802 units of AUD1 each in DKLS Aust Trust. DKLS Aust Pty Ltd, a company limited by shares and a proprietary company under the Corporations Act 2001 in Victoria, Australia, acts as the trustee for DKLS Aust Trust to administer and manage the business aspect of the Property. As the trustee, the Vendor is the registered owner of the Property, holding the Property in trust for and on behalf of the unit holders of DKLS Aust Trust who are the beneficiaries and equitable owners of the Property. 2.2 Information on Purchaser ZYTT Pty Ltd, was registered as a company limited by shares and a proprietary company under the Corporations Act 2001 in Victoria, Australia on 10 February The total number of ordinary shares issued is 4,000 of AUD1 each and the total issued and paid up share capital amounts to AUD4, Information on the Property The Property bearing address as Bourke Street, Melbourne, Australia is registered under Certificate of Title Volume Folio 896 being Lot 1 on title Plan J (formerly known as part of Crown Allotment 6 Section 19 City of Melbourne Parish of Melbourne North), Parent Title Volume Folio 832. The Property is located under zoning Capital City 1 which occupies a prominent central location in central business district ( CBD ) on the corner of Bourke Street and Little Queen Street, close to both the legal and financial Precincts. The location also provides excellent access to retail and entertainment precincts and to all modes of public transport. The Property comprises an existing building erected on a piece of freehold land measuring approximately 1,162 m 2 (12,507 sq ft) in area. There is potential for further future development at the rear of the site of the existing building. 1
2 The existing building was completed in 1931, approximate age 82, and it was utilised as Barristers Chambers and is rich in legal history. The existing building comprises five (5) levels plus basement, mezzanine and a rooftop caretakers unit. There are also two (2) prime Bourke Street shops and six (6) on site car parks. The gross building area of the existing building is measuring approximately 5,228 m 2 (56,274 sq ft) in area. The existing building is currently vacant except for the two (2) Bourke Street shops which have been leased to two (2) separate retail tenancies. A summary of the building areas of the existing building is attached in Appendix A. 3.0 INFORMATION ON THE PROPOSED DISPOSAL The total consideration for the Proposed Disposal of AUD15,000,000 (exclusive of 10% GST) was arrived at on a willing buyer-willing seller basis after taking into consideration the prevailing market value of the Property and the commercial properties in the surrounding areas. The acquisition for the Property was completed by DKLS Aust Trust on 29 January The original cost of investment of the Property based on the audited financial statements of DKLS Aust Trust as at 31 December 2012 was AUD12,715,741 (equivalent to approximately RM38,571,929). An assessment of fair value for financial reporting purposes on the Property was carried out by Messrs Charter Keck Cramer on 16 January 2013 ( Assessment Report ). The fair value of the Property was assessed at AUD12,075,000 (exclusive of GST) (equivalent to approximately RM36,628,305). The Board of Directors of DKLS is of the view that the total consideration for the Property is fair and reasonable. The Property shall be sold free from all charges and encumbrances and with all rights, benefits, title and interest attached thereto on as-is-where-is basis with vacant possession except for two (2) retail tenancies. The Property is presently charged to the National Australia Bank Limited, Singapore. There are no other liabilities, including contingent liability and guarantee, to be assumed by the Purchaser arising from the Proposed Disposal. 3.1 Terms of payment of the consideration for the Proposed Disposal The total consideration for the Proposed Disposal shall be paid by the Purchaser in cash in the following manner: a) 10% of the total consideration was paid upon the signing of the Contract of Sale; b) the balance of 90% of the total consideration to be paid by 5 October RATIONALE OF THE PROPOSED DISPOSAL The Proposed Disposal provides an opportunity for DKLS to unlock the capital resources of the Property which is currently not generating any income to DKLS Group and to realise the Property at a fair market value whilst enhancing the Group s working capital. DKLS Aust Trust will primarily utilise the net proceeds from the Proposed Disposal for the repayment of bank borrowings and advances from its unit holders and other related company within DKLS Group within a period of twelve (12) months from the completion of the Proposed Disposal. 2
3 5.0 RISK FACTORS FOR THE PROPOSED DISPOSAL Other than the transaction risk pertaining to the Proposed Disposal, the Board of Directors of DKLS does not foresee any other significant risk arising from the Proposed Disposal. 6.0 FINANCIAL EFFECTS OF THE PROPOSED DISPOSAL 6.1 Earnings and Earnings Per Share The Proposed Disposal is not expected to have any material effect on the earnings of the DKLS Group for the financial year ending 31 December 2013 except that, on completion of the Proposed Disposal, it is expected to give rise to a gain arising from the disposal of approximately RM5.2 million and reversal of impairment loss amounting to RM1.9 million provided in the previous year at the company level and approximately RM4.2 million and RM1.56 million respectively at group level. The Proposed Disposal is expected to contribute positively to the earnings per share by approximately 0.05 sen per share for the financial year ending 31 December Net Assets and Gearings Based on the audited financial statements of DKLS Group for the financial year ended 31 December 2012, the proforma effect of the Proposed Disposal on the net assets of DKLS Group is expected to increase by approximately 1.5% and will reduce the Group s gearing ratio from 0.29 to Share Capital and Substantial Shareholders Shareholding The Proposed Disposal is not expected to have any effect on the issued and paid-up share capital of DKLS and the substantial shareholders shareholdings in the Company. 7.0 APPROVALS REQUIRED The Proposed Disposal is not subject to the approval of the shareholders of DKLS. 8.0 HIGHEST PERCENTAGE RATIO APPLICABLE The highest percentage ratio applicable to the Proposed Disposal pursuant to paragraph 10.02(g) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad is 12.9%. 9.0 INTEREST OF THE DIRECTORS, MAJOR SHAREHOLDERS AND PERSONS CONNECTED WITH THEM None of the Directors, major shareholders of DKLS and/or persons connected to them has any interest, direct or indirect, in the Proposed Disposal STATEMENT BY THE BOARD OF DIRECTORS The Board of DKLS, having considered all aspects of the Proposed Disposal, is of the opinion that the Proposed Disposal is in the best interest of the Company. 3
4 11.0 ESTIMATED TIMEFRAME FOR COMPLETION Barring any unforeseen circumstances, the Proposed Disposal is expected to be completed within one (1) month from the date of the Contract of Sale DOCUMENTS FOR INSPECTION The Contract of Sale and Assessment Report are available for inspection during the office hours from 9.00 a.m. to 5.00 p.m. from Monday to Friday (except for public holidays) at the registered office of the Company at D-3-7 Greentown Square, Jalan Dato Seri Ahmad Said, Ipoh, Perak Darul Ridzuan for a period of three (3) months from the date of this announcement. This announcement is dated 9 September Copy to: Issues & Investment Division Securities Commission No. 3 Persiaran Bukit Kiara Bukit Kiara Kuala Lumpur (Attention: Mr Eugene Wong Weng Soon) 4
5 APPENDIX A A summary of the building areas of the existing building is as follows: Building Area and Tenancy Schedule Level GLA *1 (m 2 ) Status Annual rental (AUD) Lease commence Term (year) Basement Vacant Bourke Street Shop Leased 58, August expiring on 14 August 2016 Bourke Street Shop Leased 77, November *2 expiring on 14 November 2013 Ground Floor Vacant Front Mezzanine (South) Vacant Mezzanine (Central) Vacant Rear Mezzanine (North) Vacant Level Vacant Level Vacant Level Vacant Level Vacant Caretakers unit Vacant TOTAL 5, Notes: *1 GLA : Gross land area *2 Option to renew for another term of years 5
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HUA YANG BERHAD ( HYB or the Company ) -Proposed acquisition of land by Prop Park Sdn Bhd 1. INTRODUCTION The Board of Directors of HYB wishes to announce that the wholly-owned subsidiary of the Company,
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 informationBACKGROUND INFORMATION
Subject : ACQUISITION OF THE ENTIRE 12.858% INTEREST FROM AN EXISTING SHAREHOLDER IN ARMSTRONG CYCLE PARTS (SDN) BHD 1. INTRODUCTION The Board of Directors of Oriental Holdings Berhad ( OHB or the Company
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 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 information(I) PROPOSED ACQUISITION (II) REVISION TO THE UTILISATION OF INITIAL PUBLIC OFFERING ( IPO ) PROCEEDS
LEON FUAT BERHAD (I) PROPOSED ACQUISITION (II) REVISION TO THE UTILISATION OF INITIAL PUBLIC OFFERING ( IPO ) PROCEEDS 1. INTRODUCTION The Board of Directors of Leon Fuat Berhad ( LFB or the Company )
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SALCON BERHAD ( SALCON OR THE COMPANY ) DISPOSAL BY SALCON POWER (HK) LIMITED ( SPL OR THE SELLER ), A WHOLLY-OWNED SUBSIDIARY OF SALCON, OF THE BUSINESS OF A PORTFOLIO COMPRISING 208 UNITS OF SOLAR PHOTOVOLTAIC
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 informationASIA 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 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 informationcash consideration of AUD554,244 to the Vendor; and advance of AUD7,261,258 to GBM Trust for the settlement of loan due to Vendor from GBM Trust.
PROPOSED ACQUISITION OF THE REMAINING 49% STAKE IN GEOGRAPHE BAY MOTEL UNIT TRUST AND 50% INTEREST IN WHITEMARK PTY LTD BY KAH AUSTRALIA PTY. LTD, WHOLLY-OWNED SUB-SUBSIDIARY OF OHB FROM INAPO PTY. LTD
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 informationThe Property was constructed in the 18 th century, i.e. between 1 January 1701 and 31 December 1800.
PERDUREN (M) BERHAD ( PERDUREN OR COMPANY ) PROPOSED ACQUISITION BY FITZROVIA DEVELOPMENT LIMITED ( FITZROVIA ), AN INDIRECT 75%-OWNED SUBSIDIARY OF PERDUREN, OF A FIVE (5)-STOREY OFFICE BUILDING LOCATED
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 informationFurther 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 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 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 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 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 informationBERJAYA LAND BERHAD ( BLAND OR THE COMPANY )
BERJAYA LAND BERHAD ( BLAND OR THE COMPANY ) PROPOSED DISPOSAL OF THE BERJAYA (CHINA) GREAT MALL RECREATION CENTRE IN SANHE CITY, HEBEI PROVINCE, PEOPLE S REPUBLIC OF CHINA FOR A CASH CONSIDERATION OF
More informationFurther details of the Proposed Acquisition are set out in the ensuing sections.
Page 1 of 7 General Announcement Reference No MM-031226-57304 Submitting Merchant Bank : AMMERCHANT BANK BERHAD (FORMERLY KNOWN AS ARAB- MALAYSIAN MERCHANT BANK BERHAD) Company Name : UNITED PLANTATIONS
More informationNSSB 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 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 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 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 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 informationA 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 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 informationS 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 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 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 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 informationIVORY 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 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 informationPROPOSED 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 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 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 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 informationThe 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 information1. 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(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 informationUPDATE ON PROPOSED JOINT VENTURE FOR OIL PALM CULTIVATION IN KABUPATEN KETAPANG, PROVINSI KALIMANTAN BARAT, REPUBLIC OF INDONESIA ( JV
UPDATE ON PROPOSED JOINT VENTURE FOR OIL PALM CULTIVATION IN KABUPATEN KETAPANG, PROVINSI KALIMANTAN BARAT, REPUBLIC OF INDONESIA ( JV ) - Proposed disposal of 95% equity interest in PT Permata Sawit Mandiri
More informationDetails 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
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