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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): NON RELATED PARTY TRANSACTIONS PROPOSED DISPOSAL OF LAND INCLUDING THE BUILDING ATTACHED OF 3 STOREY INTERMEDIATE SHOP OFFICE WITH SEMI BASEMENT, BEARING THE POSTAL ADDRESS NO. 104, 104-01 & 02, JALAN MOLEK 2/2, TAMAN MOLEK, 81100 JOHOR BAHRU, JOHOR ("PROPERTY") FOR A CASH CONSIDERATION OF RM1,950,000 BY POWER ROOT MARKETING SDN. BHD. ("PR MARKETING" OR "VENDOR"), A WHOLLY-OWNED SUBSIDIARY OF POWER ROOT BERHAD ("POWER ROOT" OR "THE COMPANY") TO ZQ ASSET SDN. BHD. ("ZQ ASSET" OR "PURCHASER") ("PROPOSED DISPOSAL")

POWER ROOT BERHAD

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionPROPOSED DISPOSAL OF LAND INCLUDING THE BUILDING ATTACHED OF 3 STOREY INTERMEDIATE SHOP OFFICE WITH SEMI BASEMENT, BEARING THE POSTAL ADDRESS NO. 104, 104-01 & 02, JALAN MOLEK 2/2, TAMAN MOLEK, 81100 JOHOR BAHRU, JOHOR ("PROPERTY") FOR A CASH CONSIDERATION OF RM1,950,000 BY POWER ROOT MARKETING SDN. BHD. ("PR MARKETING" OR "VENDOR"), A WHOLLY-OWNED SUBSIDIARY OF POWER ROOT BERHAD ("POWER ROOT" OR "THE COMPANY") TO ZQ ASSET SDN. BHD. ("ZQ ASSET" OR "PURCHASER") ("PROPOSED DISPOSAL")


Announcement Info

Company NamePOWER ROOT BERHAD  
Stock Name PWROOT    
Date Announced20 Aug 2013  
CategoryGeneral Announcement
Reference NoC&-130820-62838



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