The Board of Directors of PeterLabs wishes to announce that its subsidiary, PeterLabs Sdn. Bhd., has on 20 September 2022 entered into a sale and purchase agreement with Menteri Besar Negeri Sembilan (Pemerbadanan) and BSS Development Sdn. Bhd. to acquire all that piece of freehold industrial lot in Sendayan TechValley held under HS(D) 224806 PT 12692 in Bandar Sri Sendayan, District of Seremban, State of Negeri Sembilan Darul Khusus having a total area of approximately 16,074 square meter for a purchase consideration of RM7,500,000.00 (Ringgit Malaysia Seven Million Five Hundred Thousand Only).
Please refer to the attachment for further details.
This announcement is dated 20 September 2022.