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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