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Transactions (Chapter 10 Of Listing Requirements) : Related Party Transactions
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS |
| Description |
ACQUISITION OF EKOCHERAS PROPERTIES BY OUR WHOLLY-OWNED SUBSIDIARY, KNUSFORD HOLDINGS SDN. BHD. (KHSB), FROM A RELATED PARTY |
The Board of Directors of Knusford Berhad (“KB”) wishes to announce that its wholly-owned subsidiary, Knusford Holdings Sdn. Bhd. (“KHSB”) had on 1 October 2020 entered into 2 Sale and Purchase Agreements (“SPAs”) with Ekovest Capital Sdn. Bhd. (“Ekovest Capital” or “Vendor”) to acquire 2 units of properties in EkoCheras for a total consideration of RM1,119,440.65 (“Proposed Acquisitions”).
Please refer to the attachment for further details on the Proposed Acqusitions.
This announcement is dated 1 October 2020.
Please refer attachment below.
Announcement Info
| Company Name | KNUSFORD BERHAD |
| Stock Name | KNUSFOR |
| Date Announced | 01 Oct 2020 |
| Category | General Announcement for PLC |
| Reference Number | GA1-01102020-00044 |
Attachments
- Announcement_Release_to_Bursa.pdf (Size: 230,464 bytes)