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

BackMar 27, 2024

 

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description KNUSFORD BERHAD ("KNUSFORD" OR THE "COMPANY")

PROPOSED DISPOSAL BY KNUSFORD OF A FREEHOLD LAND TOGETHER WITH THE BUILDINGS ERECTED THEREON HELD UNDER HSD 51799, PT 43447, MUKIM AND DISTRICT OF KLANG, SELANGOR WITH A PROVISIONAL LAND AREA OF 25,625.48 SQUARE METRES BEARING POSTAL ADDRESS OF NO. 8, JALAN KECAPI 33/2, TAMAN PERINDUSTRIAN ELITE, SEKSYEN 33, 40350 SHAH ALAM, SELANGOR DARUL EHSAN TO EMERALD PLAN SDN BHD FOR A CASH CONSIDERATION OF RM28.0 MILLION

The Board of Directors of Knusford wishes to announce that Knusford had on 27 March 2024, entered into a conditional sale and purchase agreement with Emerald Plan Sdn Bhd to dispose a freehold land together with the buildings erected thereon held under HSD 51799, PT 43447, Mukim and District of Klang, Selangor with a provisional land area of 25,625.48 square metres (approximately 275,832 square feet) bearing postal address of No. 8, Jalan Kecapi 33/2, Taman Perindustrian Elite, Seksyen 33, 40350 Shah Alam, Selangor Darul Ehsan for a cash consideration of RM28.0 million.

Please refer to the attachment for further details.

 

Please refer attachment below.

 


Announcement Info

Company Name KNUSFORD BERHAD
Stock Name KNUSFOR
Date Announced 27 Mar 2024
Category General Announcement for PLC
Reference Number GA1-27032024-00041

Attachments

  1. KB_-_Proposed_Disposal_Announcement_27.03.2024_20240327.pdf (Size: 156,656 bytes)