| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS |
| Description |
KNUSFORD BERHAD ("KNUSFORD" OR THE "COMPANY") HEADS OF AGREEMENT ENTERED INTO BETWEEN ISKANDAR WATERFRONT CITY BERHAD AND KNUSFORD |
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The Board of Directors of Knusford ("Board") wishes to announce that Knusford had on 13 May 2022 entered into a Heads of Agreement (“HOA”) with Iskandar Waterfront City Berhad ("IWCB") to commence negotiations to explore and pursue the proposed acquisition by Knusford or its nominee(s) from Success Straits Sdn Bhd ("SSSB"), a wholly owned subsidiary IWCB, of two pieces of vacant land located in the Mukim of Pulai, District of Johor Bahru, State of Johor.
Please refer to the attachment for further details.
This announcement is dated 13 May 2022.
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Please refer attachment below.
| Company Name | KNUSFORD BERHAD |
| Stock Name | KNUSFOR |
| Date Announced | 13 May 2022 |
| Category | General Announcement for PLC |
| Reference Number | GA1-13052022-00038 |
Attachments