Pursaunt to Paragraph 10.08(1) of the Listing Requirements of Bursa Malaysia Securities Berhad ("Bursa Securities"), the Board of Directors of IBRACO ("Board") wishes to announce that IBRACO had, on 28th September 2022, in the ordinary course of business as developer entered into separate sale and purchase agreements ("SPAs") with Mr Liu Tow Hua ("LTH") and Ms Liu Sze Wei ("LSW"). LTH is the Executive Director of IBRACO and LSW is a person connected to LTH.
Please refer to details of the annnouncement in the attachment.
This announcement is dated this 28th day of September 2022.