TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS MERCURY INDUSTRIES BERHAD ("MIB" OR THE "COMPANY") PROPOSED ACQUISITION BY PLUTOVEST SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY, OF 22 PIECES OF FREEHOLD LANDS, ALL SITUATED IN BANDAR PEKAN TANJONG KLING, SEKSYEN II, DAERAH MELAKA TENGAH, NEGERI MELAKA, MEASURING IN AGGREGATE AN APPROXIMATE AREA OF 9.31 ACRES FOR A CASH CONSIDERATION OF RM11.50 MILLION
| MERCURY INDUSTRIES BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | MERCURY INDUSTRIES BERHAD ("MIB" OR THE "COMPANY")
PROPOSED ACQUISITION BY PLUTOVEST SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY, OF 22 PIECES OF FREEHOLD LANDS, ALL SITUATED IN BANDAR PEKAN TANJONG KLING, SEKSYEN II, DAERAH MELAKA TENGAH, NEGERI MELAKA, MEASURING IN AGGREGATE AN APPROXIMATE AREA OF 9.31 ACRES FOR A CASH CONSIDERATION OF RM11.50 MILLION |
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The Board of Directors of MIB wishes to announce that Plutovest Sdn Bhd, a wholly-owned subsidiary of MIB, had on 27 November 2025 entered into a conditional Sale and Purchase Agreement with Tambun Leaders Sdn Bhd for the proposed acquisition of 22 pieces of freehold lands, all situated in Bandar Pekan Tanjong Kling Seksyen II, Daerah Melaka Tengah, Negeri Melaka, measuring in aggregate an approximate area of 9.31 acres for a cash consideration of RM11.50 million ("Proposed Acquisition").
Further details of the Proposed Acquisition are set out in the attachment.
This announcement is dated 27 November 2025.
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Please refer attachment below.
Announcement Info
| Company Name | MERCURY INDUSTRIES BERHAD |
| Stock Name | MERCURY |
| Date Announced | 27 Nov 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-26112025-00085 |