TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS NATIONWIDE EXPRESS HOLDINGS BERHAD ("NEHB" OR THE "COMPANY") PROPOSED DISPOSAL BY NATIONWIDE EXPRESS COURIER SERVICES BERHAD, A WHOLLY-OWNED SUBSIDIARY COMPANY OF NEHB OF A PARCEL OF LEASEHOLD INDUSTRIAL LAND HELD UNDER HSD 168513, TOWN OF SHAH ALAM, DISTRICT OF PETALING, SELANGOR DARUL EHSAN TOGETHER WITH BUILDINGS ERECTED ON THE LAND ("PROPERTY") TO RUBICON LEXINGTON SDN BHD, FOR A DISPOSAL CONSIDERATION OF RM19,400,000 TO BE SATISFIED VIA CASH ("PROPOSED DISPOSAL")
| NATIONWIDE EXPRESS HOLDINGS BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | NATIONWIDE EXPRESS HOLDINGS BERHAD ("NEHB" OR THE "COMPANY")
PROPOSED DISPOSAL BY NATIONWIDE EXPRESS COURIER SERVICES BERHAD, A WHOLLY-OWNED SUBSIDIARY COMPANY OF NEHB OF A PARCEL OF LEASEHOLD INDUSTRIAL LAND HELD UNDER HSD 168513, TOWN OF SHAH ALAM, DISTRICT OF PETALING, SELANGOR DARUL EHSAN TOGETHER WITH BUILDINGS ERECTED ON THE LAND ("PROPERTY") TO RUBICON LEXINGTON SDN BHD, FOR A DISPOSAL CONSIDERATION OF RM19,400,000 TO BE SATISFIED VIA CASH ("PROPOSED DISPOSAL") |
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We refer to the announcement made on 8 July 2020 in relation to the Proposed Disposal (“Announcement”). Unless otherwise defined, the definitions set out in the Announcement shall apply herein. On behalf of the Board of NEHB, Kenanga IB wishes to announce that the valuation report of the Property has been submitted to Bursa Malaysia Securities Berhad on 20 July 2020. This announcement is dated 20 July 2020. |
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Announcement Info
| Company Name | NATIONWIDE EXPRESS HOLDINGS BERHAD |
| Stock Name | NATWIDE |
| Date Announced | 20 Jul 2020 |
| Category | General Announcement for PLC |
| Reference Number | GA1-20072020-00077 |