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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS CAREPLUS GROUP BERHAD ("CAREPLUS" OR "THE COMPANY") - PROPOSED ACQUISITION OF PROPERTY BY CAREPLUS PROPERTIES SDN. BHD. (FORMERLY KNOWN AS TIME AIRCRAFT MANUFACTURING SDN. BHD.), A WHOLLY-OWNED SUBSIDIARY OF CAREPLUS, FOR A TOTAL CASH CONSIDERATION OF RM35.5 MILLION

CAREPLUS GROUP BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
CAREPLUS GROUP BERHAD ("CAREPLUS" OR "THE COMPANY")
- PROPOSED ACQUISITION OF PROPERTY BY CAREPLUS PROPERTIES SDN. BHD. (FORMERLY KNOWN AS TIME AIRCRAFT MANUFACTURING SDN. BHD.), A WHOLLY-OWNED SUBSIDIARY OF CAREPLUS, FOR A TOTAL CASH CONSIDERATION OF RM35.5 MILLION
The Board of Directors of Careplus wishes to announce that Careplus Properties Sdn. Bhd. (formerly known as Time Aircraft Manufacturing Sdn. Bhd.), a wholly-owned subsidiary of the Company, had on 11 May 2021 entered into a conditional Sale and Purchase Agreement with Rapid Mall Sdn. Bhd. to acquire all that piece of freehold land held under the individual title Geran 129593, Lot 22174, Pekan Bukit Kepayang, Daerah Seremban, Negeri Sembilan measuring 40,680 square metres in area together with a purpose-built single-storey retail complex with mezzanine floor erected thereon bearing the postal address Tesco Extra-Makro Seremban, Kawasan Perniagaan Oakland, 70300 Seremban, Negeri Sembilan for a total cash consideration of RM35.5 million.

Please refer to the attachment for the details of this announcement.

This announcement is dated 11 May 2021.



Please refer attachment below.



Announcement Info

Company Name CAREPLUS GROUP BERHAD
Stock Name CAREPLS
Date Announced 11 May 2021
Category General Announcement for PLC
Reference Number GA1-11052021-00129




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