GOB

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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS GLOBAL ORIENTAL BERHAD ("GOB" OR "COMPANY") PROPOSED DISPOSAL OF RETAIL LOTS LOCATED AT PAVILION EMBASSY BY EXCEED CONCEPT SDN BHD AND PEDOMAN IKHTISAS SDN BHD, BOTH WHOLLY-OWNED SUBSIDIARIES OF GOB, FOR A TOTAL CASH CONSIDERATION OF RM35.0 MILLION

GLOBAL ORIENTAL BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
GLOBAL ORIENTAL BERHAD ("GOB" OR "COMPANY")

PROPOSED DISPOSAL OF RETAIL LOTS LOCATED AT PAVILION EMBASSY BY EXCEED CONCEPT SDN BHD AND PEDOMAN IKHTISAS SDN BHD, BOTH WHOLLY-OWNED SUBSIDIARIES OF GOB, FOR A TOTAL CASH CONSIDERATION OF RM35.0 MILLION

The Board of Directors of GOB wishes to announce that Exceed Concept Sdn Bhd and Pedoman Ikhtisas Sdn Bhd, both wholly-owned subsidiaries of GOB, had on 9 January 2026 entered into eighteen (18) separate sale and purchase agreements with EZT Property Management Sdn Bhd and Brillion Land Sdn Bhd for the proposed disposal of eighteen (18) stratified retail units, all forming part of a mixed development known as Pavilion Embassy, situated on freehold land held under Master Title No. Geran 79666, No. Lot 20006 Seksyen 88A, Bandar Kuala Lumpur, Daerah Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, for a total cash consideration of RM35.0 million (“Proposed Disposal”).

 

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

 

This announcement is dated 9 January 2026.




Please refer attachment below.



Announcement Info

Company Name GLOBAL ORIENTAL BERHAD
Stock Name GOB
Date Announced 09 Jan 2026
Category General Announcement for PLC
Reference Number GA1-23122025-00023