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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS PARAGON GLOBE BERHAD ("PGB" OR "COMPANY") PROPOSED ACQUISITION BY PARAGON BUSINESS HUB SDN BHD ("PBHSB"), A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY, OF ONE (1) PARCEL OF FREEHOLD LAND HELD UNDER GM699 LOT 300 OF MUKIM PLENTONG, DISTRICT OF JOHOR BAHRU, STATE OF JOHOR FOR A PURCHASE CONSIDERATION OF RM9.518 MILLION TO BE SATISFIED IN CASH ("PROPOSED ACQUISITION")

PARAGON GLOBE BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description 
PARAGON GLOBE BERHAD ("PGB" OR "COMPANY")

PROPOSED ACQUISITION BY PARAGON BUSINESS HUB SDN BHD ("PBHSB"), A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY, OF ONE (1) PARCEL OF FREEHOLD LAND HELD UNDER GM699 LOT 300 OF MUKIM PLENTONG, DISTRICT OF JOHOR BAHRU, STATE OF JOHOR FOR A PURCHASE CONSIDERATION OF RM9.518 MILLION TO BE SATISFIED IN CASH ("PROPOSED ACQUISITION")

We refer to the announcements dated 30 November 2022, 9 February 2023, 10 February 2023 and 28 February 2023 in relation to the Proposed Acquisition (“Announcements”). Unless otherwise stated, all abbreviations used in this announcement shall have the same meaning as defined in the Announcements.

On behalf of the Board, SJ Securities wishes to announce that the Proposed Acquisition has been completed today pursuant to the terms of the SPA.

 

This announcement is dated 19 April 2023.



Announcement Info

Company Name PARAGON GLOBE BERHAD
Stock Name PGLOBE
Date Announced 19 Apr 2023
Category General Announcement for PLC
Reference Number GA1-19042023-00076




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