New Feature
  • New: Financial Statement (Balance Sheet, Income Statement & Cash Flow)
  • New: Go to Stock Page (E.g FRONTKN) > Financial Highlights Section
  • New: Financial Statement (Balance Sheet, Income Statement & Cash Flow)
  • New: Go to Stock Page (E.g FRONTKN) > Financial Highlights Section
VIEW SAMPLE
add free Download App
premium Premium Account

Last Price Change Volume
KLSE Market Watch
Open: Day Range: Prev Close:


Sale and purchase agreement with Menteri Besar Negeri Sembilan (Pemerbadanan) (Landowner) and BSS Development Sdn. Bhd. (BSSD) (Vendor) for the acquisition of a 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 (Property) for a purchase consideration of RM7,500,000.00 ("Acquisition")

PETERLABS HOLDINGS BERHAD

Type Reply to Query
Reply to Bursa Malaysia's Query Letter - Reference ID IQL-22092022-00001
Subject Sale and purchase agreement with Menteri Besar Negeri Sembilan (Pemerbadanan) (Landowner) and BSS Development Sdn. Bhd. (BSSD) (Vendor) for the acquisition of a 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 (Property) for a purchase consideration of RM7,500,000.00 ("Acquisition")
Description
PETERLABS HOLDINGS BERHAD ("PETERLABS" OR THE "COMPANY")
ACQUISITION OF AN INDUSTRIAL LOT IN SENDAYAN TECHVALLEY, SEREMBAN, NEGERI SEMBILAN ("ACQUISITION")
Query Letter Contents

We refer to your Company’s announcement dated 20 September 2022, in respect of the aforesaid matter.


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

1.       The breakdown of the sources of funding for the Acquisition between internally generated funds and bank 

           borrowings.

2.       The names of the Landowners and BSSB’s directors and substantial shareholders together with their respective 

          direct and/or indirect shareholdings.

3.       Particulars of all liabilities, including contingent liabilities and guarantees to be assumed by PeterLabs Holdings

           Berhad/PeterLabs Sdn Bhd., arising from the Acquisition.

4.       The existing and proposed use of the Property. If currently let out or is proposed to be let out, the details of the

           rentals and the rental income or expected rental income per month or per annum.

5.       Encumbrances on the Property, if any.

6.       Effect of the Acquisition on gearing of the group.

7.       The prospects of the Property.

8.       The risks in relation to the Acquisition including risk factors of the Property.

9.       Where the Property is in the process of being developed or is intended to be developed, the following additional

           details:

          (a) the details of development potential, i.e. name of the project, type of development - residential, industrial or

                commercial, number of units in respect of each type of development; (b) the total development cost.

          (c) the expected commencement and completion date(s) of development.

          (d) the gross development value.

          (e) the stage or percentage of completion.

          (f) the sources of funds to finance the development cost; and

          (g) whether relevant approvals for the development have been obtained and date(s) obtained.

10.     Quantification of the value based on evaluation undertaken by the bank.

11.     The estimated timeline to complete the Acquisition.

 

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)

For consistency purposes, the abbreviations used in this announcement are the same as those previously defined in the announcement dated 20 September 2022 (“Announcement”) unless otherwise defined herein. 

 

We refer to the Announcement and the queries from Bursa Malaysia Securities Berhad dated 22 September 2022 (“Queries”) in relation to the same.  

 

Please refer to the attachment for the additional information pursuant to the Queries.

 

This announcement is dated 23 September 2022

 



Please refer attachment below.



Announcement Info

Company Name PETERLABS HOLDINGS BERHAD
Stock Name PLABS
Date Announced 23 Sep 2022
Category General Announcement for PLC
Reference Number GA1-23092022-00050




Close