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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS Tashin Holdings Berhad ("the Company") - Proposed acquisition of Industrial Land and Buildings by Tashin Hardware Sdn. Bhd., a wholly-owned subsidiary of the Company

TASHIN HOLDINGS BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
Tashin Holdings Berhad ("the Company") - Proposed acquisition of Industrial Land and Buildings by Tashin Hardware Sdn. Bhd., a wholly-owned subsidiary of the Company

The Board of Directors of the Company wishes to announce that Tashin Hardware Sdn. Bhd. (“THSB”), a wholly-owned subsidiary of the Company had on 23 April 2021 entered into a Sale and Purchase Agreement with CSC Steel Sdn. Bhd. [Registration No. 199101018588 (228899-P)] of No. 49-B, Jalan Melaka Raya 8, Taman Melaka Raya, 75000 Melaka for the acquisition of all those two (2) contiguous pieces of industrial land and buildings held under H.S.(D) 14941, PT 2961 and H.S.(D) 14942, PT 2960, both situated in Mukim 11, Daerah Seberang Perai Tengah, Penang containing an area of approximately 26,188.8094 square metres and 16,187.4804 square metres respectively and bearing a postal address of No. 1617, Lorong Perusahaan Maju 6, Prai Industrial Estate Phase IV, 13600 Prai, Penang, for a total purchase consideration of RM43,500,000.00 (Ringgit Malaysia: Forty-Three Million and Five Hundred Thousand) only (“Proposed Acquisition”).

 

Please refer to the attachment for the details of the Proposed Acquisition.

 

This announcement is dated 23 April 2021.




Please refer attachment below.



Announcement Info

Company Name TASHIN HOLDINGS BERHAD
Stock Name TASHIN
Date Announced 23 Apr 2021
Category General Announcement for PLC
Reference Number GA1-01042021-00045




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