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

BackMar 13, 2017
Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description

APPROVAL OBTAINED FOR ADDITIONAL 35.41 ACRES OF LAND IN PEKAN, PAHANG FOR CONSTRUCTION OF POWER GENERATION PROJECT USING SOLID WASTE

The Board of Directors of BHS Industries Berhad (“BHS” or the “Company”) is pleased to announce that the Company had on 10 March 2017 received from Pejabat Setiausaha Kerajaan Pahang (Pahang State Government) its approval via its letter dated 17 February 2017 granted the Company’s wholly-owned subsidiary, Ultimate Ivory Sdn. Bhd. the land approval for additional 35.41 acres of land in Kg. Paloh Hinai, Mukim Lepar, Daerak Pekan, Pahang Darul Makmur (“Additional Land”) for a purchase consideration of Ringgit Malaysia Eight Hundred Seventy Three Thousand Four Hundred Forty Six And Sixty Six Sen only (RM873,446.66) ("Acquisition").

Details of the Acquisition is set out in the file attached.

 

 


Announcement Info

Company Name BHS INDUSTRIES BERHAD
Stock Name BHS
Date Announced 13 Mar 2017
Category General Announcement for PLC
Reference Number GA1-13032017-00045

Attachments

  1. BHS-Acquisition_of_35.41_acres_of__land_at_Pekan_Final.pdf (Size: 154,155 bytes)