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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS DAYA MATERIALS BERHAD ("DMB") PROPOSED DISPOSAL

DAYA MATERIALS BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
DAYA MATERIALS BERHAD ("DMB")

PROPOSED DISPOSAL

The Board of Directors of DMB wishes to announce that Daya Proffscorp Sdn Bhd (“DPRO”), a 58.5%-owned subsidiary of DMB, has entered into a conditional sale and purchase agreement with Public Crane Heavy Equipment Sdn Bhd (“PCHE”) today for the proposed disposal by DPRO of 3 contiguous parcels of leasehold land held under (i) PN 7441, Lot 3997; (ii) PN 6307, Lot 4597; and (iii) PN 6565, Lot 4835, all in Mukim Teluk Kalung, District of Kemaman, State of Terengganu together with industrial premises erected thereon to PCHE to PCHE for a cash consideration of RM2,500,000 (“Proposed Disposal”).

Please refer to the attachment for the full text of the announcement in relation to the Proposed Disposal.

This announcement is dated 30 June 2021.




Please refer attachment below.

Attachments

DMB - Proposed Disposal.pdf
406.7 kB



Announcement Info

Company Name DAYA MATERIALS BERHAD
Stock Name DAYA
Date Announced 30 Jun 2021
Category General Announcement for PLC
Reference Number GA1-30062021-00025




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