KARYON

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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS KARYON INDUSTRIES BERHAD ("KIB") PROPOSED ACQUISITION OF A PIECE OF FREEHOLD INDUSTRIAL LAND TOGETHER WITH A UNIT OF DETACHED FACTORY ERECTED THEREON ("SUBJECT PROPERTY") BY HSING LUNG SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF KIB

KARYON INDUSTRIES BERHAD

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	KARYON INDUSTRIES BERHAD ("KIB") PROPOSED ACQUISITION OF A PIECE OF FREEHOLD INDUSTRIAL LAND TOGETHER WITH A UNIT OF DETACHED FACTORY ERECTED THEREON ("SUBJECT PROPERTY") BY HSING LUNG SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF KIB
The Board of Directors of KIB ("Board") wishes to announce that Hsing Lung Sdn Bhd [Registration No. 198601008267 (157460-D)] ("HLSB" or "Purchaser"), a wholly-owned subsidiary of KIB, had on 2 July 2026 entered into a Sale and Purchase Agreement ("SPA") with Tanah Temasik Sdn Bhd [Registration No. 199201010976 (242479-H)] ("TTSB" or "Vendor") for the acquisition of the Subject Property for a cash consideration of RM8,610,000.00 ("Purchase Consideration") subject to the terms and conditions set out in the SPA. Kindly refer to the attachment for further details. This announcement is dated 2 July 2026.

Please refer attachment below.

Attachments

KIB - Announcement Proposed Acquisition.pdf
301.0 kB

Announcement Info

Company Name	KARYON INDUSTRIES BERHAD
Stock Name	KARYON
Date Announced	02 Jul 2026
Category	General Announcement for PLC
Reference Number	GA1-29062026-00026

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