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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS CONDITIONAL JOINT VENTURE BY WAY OF SHAREHOLDERS AGREEMENT (CONDITIONAL SHA) FOR THE JOINT VENTURE OF A POTENTIAL DEVELOPMENT OF AN INTEGRATED DAIRY FARMING BUSINESS IN CHUPING, PERLIS

FGV HOLDINGS BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
CONDITIONAL JOINT VENTURE BY WAY OF SHAREHOLDERS AGREEMENT (CONDITIONAL SHA) FOR THE JOINT VENTURE OF A POTENTIAL DEVELOPMENT OF AN INTEGRATED DAIRY FARMING BUSINESS IN CHUPING, PERLIS

The Board of Directors of FGV (“Board”) wishes to announce that its wholly owned subsidiary, FGV Integrated Farming Holdings Sdn Bhd (“FGVIF”), had, on 6 August 2022, entered into a conditional shareholders’ agreement with Baladna for Trading and Investment W.L.L (“BALADNA”) (a wholly-owned subsidiary of Baladna Q.P.S.C.), and Touch Group Holdings Sdn Bhd (“TOUCH”) to form an incorporated joint venture  to carry on the business to develop an integrated dairy farm business in Chuping, Perlis (“Project”) (“Proposed Joint Venture”).

 

Please refer to the attachments for the details of the announcement.

 

This announcement is dated 6 August 2022.




Please refer attachment below.



Announcement Info

Company Name FGV HOLDINGS BERHAD
Stock Name FGV
Date Announced 06 Aug 2022
Category General Announcement for PLC
Reference Number GA1-06082022-00001




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