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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

(For consistency purposes, the abbreviations and definitions used throughout this announcement are the same as those previously defined in the Company’s announcement made on 23 April 2021.)

 

Further to the Company’s announcement made on 23 April 2021 and as enquired by Bursa Malaysia Securities Berhad, the Board of Directors of the Company hereby furnish the following additional information on the deposit for the Proposed Acquisition:

 

  • The Purchaser’s solicitors had on 19 April 2021 confirmed receipt of the retention sum for the Real Property Gains Tax amounting to RM1,305,000.00 (Ringgit Malaysia: One Million Three Hundred and Five Thousand) only; and
  • The remaining deposit balance amounting to RM3,045,000.00 (Ringgit Malaysia: Three Million and Forty-Five Thousand) only was released by the Purchaser’s solicitors to the Vendor on the execution of the SPA on 23 April 2021.

 

This announcement is dated 27 April 2021.






Announcement Info

Company Name TASHIN HOLDINGS BERHAD
Stock Name TASHIN
Date Announced 27 Apr 2021
Category General Announcement for PLC
Reference Number GA1-27042021-00037




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