Highlights:
add free Download App
premium Premium Account

Last Price Change Volume
KLSE Market Watch
Open: Day Range: Prev Close:


TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS PROPOSED DISPOSAL OF LAND BY GLM EMERALD INDUSTRIAL PARK (JASIN) SDN BHD, A 68%-OWNED INDIRECT SUBSIDIARY OF GUOCOLAND (MALAYSIA) BERHAD, TO SCIENTEX HEIGHTS SDN BHD

GUOCOLAND (MALAYSIA) BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
PROPOSED DISPOSAL OF LAND BY GLM EMERALD INDUSTRIAL PARK (JASIN) SDN BHD, A 68%-OWNED INDIRECT SUBSIDIARY OF GUOCOLAND (MALAYSIA) BERHAD, TO SCIENTEX HEIGHTS SDN BHD

GuocoLand (Malaysia) Berhad (“Company”) wishes to announce that GLM Emerald Industrial Park (Jasin) Sdn Bhd (“GLM EIPJ”), a 68%-owned indirect subsidiary of the Company, has on 13 August 2020 entered into a conditional sale and purchase agreement with Scientex Heights Sdn Bhd (“SHSB”) and IOI Corporation Berhad for the proposed disposal by GLM EIPJ to SHSB of 2 parcels of land located in the Mukim and District of Jasin, State of Melaka for a total cash consideration of RM260,174,594 (“Proposed Disposal”).

Please refer to the attached announcement for the details of the Proposed Disposal.

This announcement is dated 13 August 2020.




Please refer attachment below.



Announcement Info

Company Name GUOCOLAND (MALAYSIA) BERHAD
Stock Name GUOCO
Date Announced 13 Aug 2020
Category General Announcement for PLC
Reference Number GA1-13082020-00056




Close