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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS THRIVEN GLOBAL BERHAD ("TGB" OR THE "COMPANY") PROPOSED ACQUISITION OF LAND FOR A TOTAL CASH CONSIDERATION OF RM21,000,000.00 ("PROPOSED ACQUISITION")

THRIVEN GLOBAL BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
THRIVEN GLOBAL BERHAD ("TGB" OR THE "COMPANY")
PROPOSED ACQUISITION OF LAND FOR A TOTAL CASH CONSIDERATION OF RM21,000,000.00 ("PROPOSED ACQUISITION")

Pursuant to Paragraph 10.06 of Bursa Malaysia Securities Berhad’s Main Market Listing Requirements (“Listing Requirements”), the Board of Directors of TGB (“Board”) wishes to announce that Bukit Punchor Development Sdn Bhd (“BPDSB”), a subsidiary of the Company, had on 22 September 2022 entered into a sale and purchase agreement pertaining to a non-related party transaction with Star Sanctuary Land Sdn Bhd (“SSLSB”) to acquire all that piece of freehold land held under No. Hakmilik H.S.(D) 40681, Lot 10115 Seksyen 1 (formerly held under No. Hakmilik Geran 169096, Lot 10106 Seksyen 1), Bandar Butterworth, Daerah Seberang Perai Utara, Negeri Pulau Pinang measuring approximately 4,700 square meters (“Land”) from SSLSB for a total cash consideration of RM21,000,000.00 only (“Purchase Price”).

 

Please refer to the attachment for further details on the Proposed Acquisition.

 

This announcement is dated 22 September 2022.




Please refer attachment below.



Announcement Info

Company Name THRIVEN GLOBAL BERHAD
Stock Name THRIVEN
Date Announced 22 Sep 2022
Category General Announcement for PLC
Reference Number GA1-12092022-00023




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