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Transactions (Chapter 10 Of Listing Requirements) : Non Related Party Transactions

BackFeb 27, 2017
Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description

DISPOSAL OF LAND BY ULTIMATE IVORY SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF BHS INDUSTRIES BERHAD

Pursuant to paragraph 10.05(2) of the Main Market Listing Requirements of the Bursa Malaysia Securities Berhad, the Board of Directors of BHS Industries Berhad wishes to announce that Ultimate Ivory Sdn. Bhd., its wholly-owned subsidiary has on 27 February 2017 entered into a Sale and Purchase Agreement with Dengkil Paper Mill Sdn. Bhd. to dispose of 12.09 acres of undivided leasehold land within 375 acres of land in the Green Technology Park Pekan in Kg Paloh Hinai, Mukim Lepar, Derah Pekan, Pahang Darul Makmur for a sale consideration Ringgit Malaysia Five Million Two Hundred and Sixty Six Thousand Four Hundred and Four (RM5,266,404.00) only.

The details of the dsposal is set out in the attachment.

 

 


Announcement Info

Company Name BHS INDUSTRIES BERHAD
Stock Name BHS
Date Announced 27 Feb 2017
Category General Announcement for PLC
Reference Number GA1-27022017-00103

Attachments

  1. 2017-2-Disposal_of_land_in__Pekan.pdf (Size: 162,334 bytes)