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Transactions Chapter 10 Of Listing Requirements) : Non Related Party Transactions

BackOct 28, 2022
Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description

PROPOSED DISPOSAL OF LAND BY D-HILL SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF KNUSFORD BERHAD

The Board of Directors of Knusford Berhad wishes to announce that its wholly owned subsidiary, D-Hill Sdn. Bhd., Registration No. 199501023820 (353024-U)  had on 28 October 2022 entered into a sale and purchase agreement ("SPA") with L.K.C Ventures Sdn. Bhd., Registration No. 199701036135 (451635-D) ("Purchaser") for the disposal of all that piece of freehold vacant commercial land held under  H.S.(D) 165685, PT 41696, Bandar Batu 18, Semenyih, Daerah Ulu Langat, Negeri Selangor Darul Ehsan measuring 6,630.33 in square meters for a total cash consideration of Ringgit Malaysia: Fourteen Million Six Hundred Thirty Thousand Four Hundred Ninety Seven and Sen Forty (RM14,630,497.40) only, subject to the terms set out in the SPA.


Announcement Info

Company Name KNUSFORD BERHAD
Stock Name KNUSFOR
Date Announced 28 Oct 2022
Category General Announcement for PLC
Reference Number GA1-28102022-00090

Attachments

  1. Knusford_Bhd.pdf (Size: 127,068 bytes)