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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS APPOINTMENT OF ITS WHOLLY-OWNED SUBSIDIARY COMPANY, PGBG CONSTRUCTION SDN BHD (PGBG) AS A MAIN BUILDING WORKS AND ASSOCIATED INFRASTRUCTURE CONTRACTOR FOR CONSTRUCTION OF ONE UNIT SINGLE STOREY DETACHED FACTORY, ONE UNIT GUARD HOUSE, ONE UNIT GARBAGE HOUSE AND ONE PUMP HOUSE HELD UNDER LOT 68929 (PTD LAMA 11668), JALAN INDUSTRI 6, INDUSTRIAL AREA PEKAN NENAS, MUKIM JERAM BATU, DAERAH PONTIAN, JOHOR ("PROPOSED CONSTRUCTION").

PARAGON GLOBE BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description
APPOINTMENT OF ITS WHOLLY-OWNED SUBSIDIARY COMPANY, PGBG CONSTRUCTION SDN BHD (PGBG) AS A MAIN BUILDING WORKS AND ASSOCIATED INFRASTRUCTURE CONTRACTOR FOR CONSTRUCTION OF ONE UNIT SINGLE STOREY DETACHED FACTORY, ONE UNIT GUARD HOUSE,  ONE UNIT GARBAGE HOUSE AND ONE PUMP HOUSE HELD UNDER LOT 68929 (PTD LAMA 11668), JALAN INDUSTRI 6, INDUSTRIAL AREA PEKAN NENAS, MUKIM JERAM BATU, DAERAH PONTIAN, JOHOR ("PROPOSED CONSTRUCTION").

PGBG Construction Sdn. Bhd (“PGBG”) awarded by Profit Stream Sdn Bhd (“PSSB”) as the Main Building Works and Associated Infrastructure Contractor (“Main Contractor”) for the Construction of One Unit Single Storey Detached Factory, One Unit Guard House, One Unit Garbage House and One Pump House at contract sum of RM2,907,550.60) [Ringgit Malaysia : Two Million Nine Hundred Seven Thousand Five Hundred Fifty and Cents Sixty Only] held under Lot 68929 (PTD Lama 11668), Jalan Industri 6, Industrial Area Pekan Nenas, Mukim Jeram Batu, Daerah Pontian, Johor (“Proposed Construction”).




Please refer attachment below.



Announcement Info

Company Name PARAGON GLOBE BERHAD
Stock Name PGLOBE
Date Announced 13 Oct 2022
Category General Announcement for PLC
Reference Number GA1-11102022-00053



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