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Purchase Of Properties By Wengcon Equipment Sdn Bhd ("Acquisition")
We refer to your announcement dated 27 March 2009 in respect of the aforesaid
matter.
In this connection, kindly furnish the Exchange with the following additional
information for public release:-
(1) The salient features of the sale and purchase agreement of the Acquisition
and valuation report.
(2) The original cost of investment to Danga Bay Sdn. Bhd. ("the Vendor") and
the date of such investment.
(3) The postal address of the properties.
(4) The net book value of the properties based on the Vendor's last audited
accounts.
(5) The terms of the tenure; if leasehold, the expiry date of the lease.
(6) The date of valuation and method of valuation of the properties.
(7) The breakdown of the source of funding for the Acquisition and the details
of the Vendor.