TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS RAPID SYNERGY BERHAD ("RSB" OR "THE COMPANY") - PROPOSED DISPOSAL BY PERSIARAN EKSKLUSIF SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY
| RAPID SYNERGY BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | RAPID SYNERGY BERHAD ("RSB" OR "THE COMPANY")
- PROPOSED DISPOSAL BY PERSIARAN EKSKLUSIF SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY |
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The Board of Directors of RSB wishes to announce that Persiaran Eksklusif Sdn. Bhd., a wholly-owned subsidiary of the Company, had on 7 November 2025 entered into a Sale and Purchase Agreement (“the Agreement”) with Lotuss Stores (Malaysia) Sdn. Bhd. in respect of the disposal of the property known as all that piece of leasehold land of ninety-nine (99) years expiring on 24 September 2100 held under H.S.(D) 15539, PT 5017, Bandar Teluk Intan, Daerah Hilir Perak, Negeri Perak, Malaysia measuring approximately 19,876 square metres together with 3-storey commercial complex and a single-storey drive thru restaurant building (collectively, “Building”) and all equipment, fixtures and fittings within the Building bearing postal address PT 5017 (Rapid Mall Seri Intan & Giant), Jalan Changkat Jong, 36000 Teluk Intan, Perak, Malaysia ) for a total consideration of Ringgit Malaysia Forty-One Million (RM41,000,000.00), in accordance with the terms and conditions contained in the Agreement (hereinafter referred to as “Proposed Disposal”).
Kindly refer to the attachment file for details of the Proposed Disposal.
This announcement is dated 7 November 2025.
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Please refer attachment below.
Announcement Info
| Company Name | RAPID SYNERGY BERHAD |
| Stock Name | RAPID |
| Date Announced | 07 Nov 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-05112025-00024 |