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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 ("PROPOSED ACQUISITION")

CAREPLUS GROUP BERHAD

Type Reply to Query
Reply to Bursa Malaysia's Query Letter - Reference ID IQL-20052021-00004
Subject 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 ("PROPOSED ACQUISITION")
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
Query Letter Contents

We refer to your Company’s announcement dated 11 May 2021, in respect of the aforesaid matter.


In this connection, kindly furnish Bursa Securities with the following additional information for public release:-

 

1.       The existing use of the Property.

2.       The quantification of the market value of the Property.

3.       Where the Property is intended to be developed, the details as per Appendix 10A, Part C, (4) of the ACE Market Listing Requirements.

 

Please furnish Bursa Securities with your reply within one (1) market day from the date hereof.

 

Yours faithfully,

 


LISTING

REGULATION

 

copy : Market Surveillance Dept. , Securities Commission (via fax)

Please refer to the attachment for the full text of the Company's reply to Bursa Malaysia Securities Berhad.

This announcement is dated 21 May 2021.


Please refer attachment below.



Announcement Info

Company Name CAREPLUS GROUP BERHAD
Stock Name CAREPLS
Date Announced 21 May 2021
Category General Announcement for PLC
Reference Number GA1-21052021-00014




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