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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS PROPOSED SALE OF PROPERTY TO RELATED PARTY OF IBRACO BERHAD ("IBRACO" OR "THE COMPANY")

IBRACO BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description
PROPOSED SALE OF PROPERTY TO RELATED PARTY OF IBRACO BERHAD ("IBRACO" 
OR "THE COMPANY")

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. 




Please refer attachment below.



Announcement Info

Company Name IBRACO BERHAD
Stock Name IBRACO
Date Announced 28 Sep 2022
Category General Announcement for PLC
Reference Number GA1-28092022-00027



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