FARLIM

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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS FARLIM GROUP (MALAYSIA) BHD (FARLIM OR THE COMPANY) ACQUISITION OF FIVE PROPERTIES ALL SITUATED IN MUKIM 13, DAERAH TIMUR LAUT, PULAU PINANG FROM CANTUM APEX SDN BHD FOR A TOTAL CONSIDERATION OF RM14,000,000.00

FARLIM GROUP (MALAYSIA) BHD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
FARLIM GROUP (MALAYSIA) BHD (FARLIM OR THE COMPANY) 
ACQUISITION OF FIVE PROPERTIES ALL SITUATED IN MUKIM 13, DAERAH TIMUR LAUT, PULAU PINANG FROM CANTUM APEX SDN BHD FOR A TOTAL CONSIDERATION OF RM14,000,000.00

Farlim wishes to announce that the Company as Purchaser had on 16 June 2020 entered into three Sale & Purchase Agreements and on 6 November 2020 executed another two Sale & Purchase Agreements all with Cantum Apex Sdn. Bhd. [Registration No. 199701037551(453051-M)] as Vendor for acquisition by the Company from the Vendor of five leasehold properties for a total purchase price of RM14,000,000.00, details of which are as set out in the annexure.

 

This announcement is dated 6 November 2020.




Please refer attachment below.



Announcement Info

Company Name FARLIM GROUP (MALAYSIA) BHD
Stock Name FARLIM
Date Announced 06 Nov 2020
Category General Announcement for PLC
Reference Number GA1-16102020-00023