BREM

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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS BREM HOLDING BERHAD ("BREM" OR "COMPANY") PROPOSED ACQUISITION OF 6 PARCELS OF INDUSTRIAL LAND AT PT 17393-17396 AND PT 17400-17401 SEKSYEN 20, BANDAR SERENDAH, DAERAH ULU SELANGOR, SELANGOR DARUL EHSAN BY BREM HOLDING BERHAD'S WHOLLY-OWNED SUBSIDIARY, BREM CONSTRUCTION SDN. BHD. ("PROPOSED ACQUISITIONS")

BREM HOLDING BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
BREM HOLDING BERHAD ("BREM" OR "COMPANY")
PROPOSED ACQUISITION OF 6 PARCELS OF INDUSTRIAL LAND AT PT 17393-17396 AND PT 17400-17401 SEKSYEN 20, BANDAR SERENDAH, DAERAH ULU SELANGOR, SELANGOR DARUL EHSAN BY BREM HOLDING BERHAD'S WHOLLY-OWNED SUBSIDIARY, BREM CONSTRUCTION SDN. BHD. ("PROPOSED ACQUISITIONS")

Pursuant to Paragraph 10.06 of the Main Market Listing Requirements (“MMLR”) of Bursa Malaysia Securities Berhad (“Bursa Securities”), the The Board of Directors of BREM HOLDING BERHAD (“BREM” or “the Company”) wishes to announce that its wholly-owned subsidiary, BREM CONSTRUCTION SDN. BHD. [Company Registration No.: 198501015010 (147465-P)] ("BC") had on 16 October 2020 entered into six (6) Sale and Purchase Agreements (“SPAs”) with Padang Dinamik Sdn Bhd [Company Registration No: 199401018927(304606-P)](“PD” or “Vendor”) for the proposed acquisition of 6 parcels of leasehold vacant industrial land located at Seksyen 20 Bandar Serendah, Daerah Ulu Selangor, Negeri Selangor Darul Ehsan measuring approximately 528,439.328 square meters (“the Properties”) for a total cash consideration of RM68,257,454.00 (“Purchase Consideration”) [hereinafter referred to as the “Proposed Acquisitions”.].

 

Please refer to the attachment for the full text of the announcement.




Please refer attachment below.



Announcement Info

Company Name BREM HOLDING BERHAD
Stock Name BREM
Date Announced 16 Oct 2020
Category General Announcement for PLC
Reference Number GA1-11032020-00033