TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS Cycle & Carriage Bintang Berhad ("CCB") - Proposed Acquisition of 3 Pieces of Freehold Vacant Lands in Bandar George Town, Daerah Timor Laut, Negeri Pulau Pinang measuring approximately 35,420.84 square feet for purchase consideration of RM24,205,460
CYCLE & CARRIAGE BINTANG BERHAD |
Type | Announcement |
Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
Description | Cycle & Carriage Bintang Berhad ("CCB") - Proposed Acquisition of 3 Pieces of Freehold Vacant Lands in Bandar George Town, Daerah Timor Laut, Negeri Pulau Pinang measuring approximately 35,420.84 square feet for purchase consideration of RM24,205,460 |
Unless otherwise defined herein, all terms and acronyms used in this announcement shall be the same as those defined in CCB’s previous announcements dated 27 February 2020, 2 March 2020 and 24 August 2020.
Further to the previous announcements on the Proposed Acquisition, the Company wishes to announce that the conditions precedent under the SPA had been fulfilled and accordingly, Parties will proceed to complete the Proposed Acquisition in accordance with the terms of the SPA.
This announcement is dated 8 October 2020. |
Announcement Info
Company Name | CYCLE & CARRIAGE BINTANG BERHAD |
Stock Name | CCB |
Date Announced | 08 Oct 2020 |
Category | General Announcement for PLC |
Reference Number | GA1-05102020-00033 |