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.
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1 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 ( PROPOSED DISPOSAL ) 1. INTRODUCTION Gunung Capital Berhad ( GUNUNG ) had on 14 July 2014 entered into a Share Sale Agreement ( SSA ) to dispose of 1,160,000 ordinary shares in EV Bus Sdn Bhd ( EVSB ), representing 100% of the total issued and paid-up share capital in EVSB at a price of RM1,160,000 or RM1.00 per share to Best Venture Capital Sdn Bhd ( Purchaser ). The Purchaser will also assume, and repay specific liabilities of EVSB due to Gunung Resources Sdn Bhd ( GRSB ), a wholly owned subsidiary of GUNUNG, amounting to RM7,890,000. The cash proceeds from this transaction total RM9,050,000 ( the Proposed Disposal ). Upon disposal, EVSB shall cease to be a subsidiary of GUNUNG. 2. DETAILS OF THE PROPOSED DISPOSAL 2.1 Details of the Proposed Disposal The Proposed Disposal entails the disposal by GUNUNG of 100% equity interest in EVSB, comprising of 1,160,000 ordinary shares, to the Purchaser The Purchaser will assume and repay specific liabilities of EVSB due to GRSB amounting to RM7,890,000, a 100% owned subsidiary of GUNUNG. 2.2 Disposal consideration The disposal consideration ( Total Proceeds ) amounting to RM9,050,000 cash consideration, comprises of the following : (i) RM1,160,000 or RM1.00 per share for 1,160,000 shares in EVSB; and (ii) RM7,890,000 for the assumption and repayment of liabilities due from EVSB to GRSB. The Purchaser shall pay RM1,160,000 of Total Proceeds to GUNUNG within 7 days from the date of signing this agreement for the Sale Shares and the Purchaser shall pay RM7,890,000 of Total Proceeds to GRSB within 7 days from the date of delivery of the titles for the Properties registered under the Company to the Purchaser, and delivery of vacant possession of the Properties, provided always that GUNUNG shall grant an extension of 1 week to enable the Purchaser to complete the payment of the Total Proceeds.
2 2.3 Other salient terms of the SSA The other salient terms and conditions of the SSA are as follows: The SSA shall be conditional upon EVSB being at all times the registered and beneficial owner of its properties which shall be free from any encumbrances, and the full settlement of the liabilities due to GRSB EVSB is the registered and beneficial owner of a piece of land held under PT 32382, Mukim Asam Kumbang, Daerah Larut dan Matang, Perak Darul Ridzuan EVSB is the beneficial owner, pursuant to a Sales & Purchase Agreement dated 5 th June 2014 between the EVSB and GRSB, of a piece of land held under Lot 19789, Mukim Asam Kumbang, Daerah Larut dan Matang, Perak Darul Ridzuan, which is in the process of being transferred & registered to EVSB EVSB is the beneficial owner, pursuant to a Sales & Purchase Agreement dated 5 th June 2014 between the EVSB and GRSB, of a piece of land with an attached factory cum office, held under Lot 5911, Mukim Asam Kumbang, Daerah Larut dan Matang, Perak Darul Ridzuan, which is in the process of being transferred & registered to EVSB Total Proceeds means the sum of RM9,050,000 comprising of RM1,160,000 payable by the Purchaser to GUNUNG for the Sale Shares and RM7,890,000 payable by the Purchaser to GRSB for the liabilities due from EVSB to GRSB Subject to the conditions precedent and in consideration of the GUNUNG s undertakings warranties and representations contained in the SSA and the Total Proceeds to be paid by the Purchaser and Provided Always that the EVSB shall at all times remain the registered and beneficial owner of the Properties, GUNUNG hereby jointly and severally agree to sell the Sale Shares to the Purchaser and the Purchaser hereby agrees to purchase the Sale Shares from GUNUNG, free from all claims, charges or liens or options, rights of preemption or equities or any other encumbrances thereto and with all rights now or hereinafter attaching thereto including but without limitation or bonuses, rights, dividends and distributions declared, paid or made in respect thereof after the date of this SSA for a consideration equal to the Share Purchase Price Subject to GUNUNG s prior compliance of the terms and conditions contained in the SSA, the Total Proceeds shall be the sum of RM9,050,000 only and shall be paid by the Purchaser and PROVIDED ALWAYS that GUNUNG shall grant an extension of 1 week to enable the Purchaser to pay the Total Proceeds subject to the payment by the Purchaser of the Late Payment Interest on the outstanding sum calculated on the actual number of days elapsed in a 365 days year until full payment of the same.
3 2.3.8 The SSA shall be deemed to be completed upon the payment of the Total Proceeds by the Purchaser to GUNUNG and GRSB The Purchaser shall retain 2% of RM7,890,000 comprising of the repayment of liabilities to GRSB, and shall release the retained amount upon GUNUNG receiving tax clearance from Lembaga Hasil Dalam Negeri, in respect of Real Properties Gains Tax for this transaction. 2.4 Basis of arriving at the Total Proceeds (Disposal Consideration) The Total Proceeds of RM9,050,000 was arrived at on a commercial arms length basis after taking into consideration: (i) (ii) (iii) the audited net assets of EVSB as at 31 December 2013 amounting to RM1,149,696; and the total liabilities of EVSB due to GRSB amounting to RM7,890,000,; and the net book value for the Properties owned by EVSB amounting to RM9,034, Original cost of investment The original cost and date of investment in EVSB is as follows; Date Number of shares Cost (RM) of par value RM June May , , May , ,733 1,160,000 1,160, Liabilities to be assumed by the Purchaser As provided in the SSA, the Purchaser will assume and shall immediately repay, prior to completion, RM7,890,000 due and owing to GRSB by EVSB. 3. PROPOSED UTILISATION OF PROCEEDS The cash proceeds from the Proposed Disposal will be wholly utilised as working capital.
4 4. INFORMATION ON EVSB EVSB is a private company limited by shares incorporated in Malaysia under the Companies Act, Its present authorised share capital is Ringgit Malaysia five million only (RM5,000,000) divided into five million (5,000,000) ordinary shares of Ringgit Malaysia One (RM1.00) each of which one million one hundred and sixty (1,160,000) ordinary shares have been issued and fully paidup. The principal business of EVSB is property investment holding. The audited net assets of EVSB as at 31 December 2013 was RM1,149,696 and audited net assets of EVSB as at 31 December 2012 was RM1,143,635. The audited net profit of EVSB for the financial year ended 31 December 2013 was RM6,061 and the audited net loss for the financial year ended 31 December 2012 was RM4, INFORMATION ON THE PURCHASER Best Venture Capital Sdn Bhd ( the Purchaser ) is a private company limited by shares incorporated in Malaysia under the Companies Act, Its present authorised share capital is Ringgit Malaysia four hundred thousand only (RM400,000) divided into four hundred thousand (400,000) ordinary shares of Ringgit Malaysia One (RM1.00) each of which two hundred and fifty thousand (250,000) ordinary shares have been issued and fully paid-up. The principal business of the Purchaser is investment holding. Its audited shareholder funds as at 30 June 2013 was RM9,704,473. Its audited net profit for 30 June 2013 was RM10,882, RATIONALE FOR THE PROPOSED DISPOSAL The Proposed Disposal is in line with GUNUNG s plan to focus on chartering of land-based transportation assets & specialty vehicles, the development of mini-hydropower, and to dispose of non-core assets. Furthermore EVSB, has no stable revenue. GUNUNG will capitalize on the opportunity to wholly dispose EVSB and generate cash proceeds of RM9,050,000 to be utilized as working capital. 7. RISK FACTORS The Proposed Disposal is conditional upon the conditions set out in Section 2 above being fulfilled. As such the Proposed Disposal may not be completed if any of the conditions are not fulfilled. In addition, the Proposed Disposal may not be completed in the event the Purchaser defaults in payment of the Total Proceeds.
5 8. EFFECTS OF THE PROPOSED DISPOSAL 8.1 Share Capital and Substantial Shareholders Shareholding The Proposed Disposal will not have any effect on the issued and paid-up share capital of and the substantial shareholdings in GUNUNG. 8.2 Net Assets and Gearing The Proposed Disposal is not expected to have any material impact on net assets and gearing of GUNUNG. 8.3 Earnings and earnings per share The Proposed Disposal is not expected to have a material impact on GUNUNG s earnings for the financial year ending 31 December The Proposed Disposal is expected to result in a gain on disposal of approximately RM17,390 upon Group consolidation. 9. DIRECTORS' AND MAJOR SHAREHOLDERS' INTERESTS None of the Directors or major shareholders of GUNUNG and/or persons connected to them have any interest, direct or indirect, in the Proposed Disposal. 10. APPROVALS REQUIRED The Proposed Disposal is not subject to the approval of the shareholders of GUNUNG or any Government Authority. 11. DIRECTORS STATEMENT The Board of Directors, having considered the relevant aspects of the Proposed Disposal, including the rationale, basis of arriving at the Disposal Consideration, salient terms of the SSA, is of the opinion that the Proposed Disposal is in the best interest of GUNUNG. 12. PARAGRAPH 10.02(G) OF THE LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD The highest percentage ratio pursuant to paragraph 10.02(g) of the Listing Requirements of Bursa Malaysia Securities Berhad applicable to the Proposed Disposal is 9.73%. 13. ESTIMATED TIME FRAME FOR COMPLETION Barring any unforeseen circumstances, the Proposed Disposal is expected to be completed by the end of the 4 th quarter of 2014, unless otherwise extended.
6 14. DOCUMENTS FOR INSPECTION The SSA is available for inspection at the registered office of GUNUNG 11B, Level 2, Greentown Business Centre, Persiaran Greentown 9, 30450, Ipoh, Perak Darul Ridzuan, during the normal working hours from Monday to Friday (except public holidays) for a period of one (1) month from the date of this announcement. This announcement is dated 14 July 2014.
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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 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 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 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 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 informationPROPOSED DISPOSAL OF 73% EQUITY INTEREST IN TENAGA KIMIA SDN BHD ( TKSB ) ( PROPOSED DISPOSAL )
TROPICANA CORPORATION BERHAD ( TROPICANA OR COMPANY ) PROPOSED DISPOSAL OF 73% EQUITY INTEREST IN TENAGA KIMIA SDN BHD ( TKSB ) ( PROPOSED DISPOSAL ) 1. INTRODUCTION The Board of Directors of Tropicana
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 information2. Information on Tanco, Palm Springs Development Sdn Bhd and ouvelle Hotel Sdn Bhd
A OU CEME T TA CO HOLDI GS BERHAD ( TA CO or COMPA Y ) PROPOSED DISPOSAL OF TWE TY FOUR (24) PIECES OF FREEHOLD A D VACA T LA D IDE TIFIED AS HS(D) 13108-13131 LOT 2795-2818, MUKIM PASIR PA JA G, PORT
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 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 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 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 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 informationUpon 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 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
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
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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 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
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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
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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 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
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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
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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 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 informationFurther details of the Proposed Land Acquisition are set out in the following sections:
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 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 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 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 information1. INTRODUCTION 2. DETAILS OF THE JV PARTIES. 2.1 Details of LakeHill
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
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
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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
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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 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
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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 informationFurther details of the Proposed Acquisition are set out in the following sections: Approximately 7.2 acres. lots
HUA YANG BERHAD ( HYB or the Company ) -Proposed acquisition of land by Agro-Mod Industries Sdn Bhd 1. INTRODUCTION The Board of Directors of HYB wishes to announce that the wholly-owned subsidiary of
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
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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
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More informationThe principal business of Motel Desa is hotel and restaurant operations located at Bukit Pak Apil, Kuala Terengganu.
ACQUISITION OF 2,431,623 ORDINARY SHARES OF RM1.00 EACH REPRESENTING 100% EQUITY INTEREST IN THE ISSUED AND PAID-UP SHARE CAPITAL OF MOTEL DESA SDN BHD 1.0 INTRODUCTION Further to our announcement on 30
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DESTINI BERHAD ("DESTINI" or "THE COMPANY") - SHARE PURCHASE AND SUBSCRIPTION AGREEMENT 1. INTRODUCTION The Board of Directors of Destini Berhad ( Destini or the Company ) 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
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TIEN WAH PRESS HOLDINGS BERHAD ( TWPH or the Company ) RELATED PARTY TRANSACTION - Disposal of Assets by Tien Wah Press (Malaya) Sdn. Bhd. to Paper Base Converting Sdn. Bhd. 1. INTRODUCTION Reference is
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
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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
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PARKSON HOLDINGS BERHAD ( PARKSON HOLDINGS or the COMPANY ) Proposed Disposal of KL Festival City Mall 1. INTRODUCTION The Board of Directors of Parkson Holdings wishes to announce that Festival City Sdn
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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
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