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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS UTUSAN MELAYU (MALAYSIA) BERHAD (UTUSAN OR THE COMPANY) PROPOSED DISPOSAL OF A FREEHOLD LAND HELD UNDER HS(D) 9228 PTD 7086 MUKIM OF SIMPANG KANAN, DISTRICT OF BATU PAHAT, STATE OF JOHOR AT NO. 19 & 19A, JALAN MENGKUDU, TAMAN MAKMUR, 83000 BATU PAHAT, JOHOR

UTUSAN MELAYU (MALAYSIA) BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
UTUSAN MELAYU (MALAYSIA) BERHAD (UTUSAN OR THE COMPANY)

PROPOSED DISPOSAL OF A FREEHOLD LAND HELD UNDER HS(D) 9228 PTD 7086 MUKIM OF SIMPANG KANAN, DISTRICT OF BATU PAHAT, STATE OF JOHOR AT NO. 19 & 19A, JALAN MENGKUDU, TAMAN MAKMUR, 83000 BATU PAHAT, JOHOR

The Board of Directors of Utusan (“Board”) wishes to announce that the Company had on 12 July 2019 entered into a Sale and Purchase Agreement hereinafter referred to as “SPA”) with Mr Te Ju Chai (NRIC No.:751212-01-5181) (‘the Purchaser’) for the proposed disposal of a freehold land held under HS(D) 9228 PTD 7086 Mukim of Simpang Kanan, District of Batu Pahat, State of Johor measuring approximately 156.072 square metres in area together with a double storey shophouse erected thereon and bearing postal address at No. 19 & No. 19A, Jalan Mengkudu, Taman Makmur, 83000 Batu Pahat, Johor (hereinafter referred to as ‘the Property’) with a consideration price of RM700,000.00 (Ringgit Malaysia : Seven Hundred Thousand Only), subject to the terms and conditions as stipulated in the SPA. 

 

Please refer to the attachment for further details of the said Proposed Disposal.

 

This announcement is dated 12 July 2019.  

 




Please refer attachment below.



Announcement Info

Company Name UTUSAN MELAYU (MALAYSIA) BERHAD
Stock Name UTUSAN
Date Announced 12 Jul 2019
Category General Announcement for PLC
Reference Number GA1-11072019-00049