TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS GADANG HOLDINGS BERHAD ("GADANG" OR THE "COMPANY") PROPOSED ACQUISITION OF TWO (2) PARCELS OF FREEHOLD LAND MEASURING APPROXIMATELY 78 ACRES IN MUKIM OF JERAM BATU, DISTRICT OF PONTIAN, STATE OF JOHOR DARUL TAKZIM FOR A PURCHASE CONSIDERATION OF RM149,000,000 ("PROPOSED ACQUISITION")
| GADANG HOLDINGS BHD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | GADANG HOLDINGS BERHAD ("GADANG" OR THE "COMPANY")
PROPOSED ACQUISITION OF TWO (2) PARCELS OF FREEHOLD LAND MEASURING APPROXIMATELY 78 ACRES IN MUKIM OF JERAM BATU, DISTRICT OF PONTIAN, STATE OF JOHOR DARUL TAKZIM FOR A PURCHASE CONSIDERATION OF RM149,000,000 ("PROPOSED ACQUISITION") |
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We refer to the earlier announcement dated 6 February 2018 in relation to the Proposed Acquistion. Unless otherwise stated, the terms used herein shall have the same meaning as defined in the said announcement.
The Board of Directors of Gadang wishes to announce that all the conditions precedent as stated in the SPA have been met and the SPA has become unconditional.
This announcement is dated 3 February 2020. |
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Announcement Info
| Company Name | GADANG HOLDINGS BHD |
| Stock Name | GADANG |
| Date Announced | 03 Feb 2020 |
| Category | General Announcement for PLC |
| Reference Number | GA1-03022020-00139 |