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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS INDUSTRONICS BERHAD ("INDUSTRONICS" OR "THE COMPANY") PROPOSED DISPOSAL OF PROPERTY

INDUSTRONICS BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
INDUSTRONICS BERHAD ("INDUSTRONICS" OR "THE COMPANY")
PROPOSED DISPOSAL OF PROPERTY

The Board of Directors of the Company wishes to announce that Sukitronics Sdn Bhd (“the Vendor”), a 51% owned subsidiary of the Company has on 20 November 2017 entered into a Sale and Purchase Agreement (“SPA”) with GNG Distributors Sdn. Bhd. (679213-U) (“the Purchaser”) in relation to the Proposed Disposal of Property.

Please refer to the attachment for further details on the said Proposal.

This announcement is dated 20 November 2017.




Please refer attachment below.



Announcement Info

Company Name INDUSTRONICS BERHAD
Stock Name ITRONIC
Date Announced 20 Nov 2017
Category General Announcement for PLC
Reference Number GA1-20112017-00038




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